AUD/USD – Watch that daily close

AUD/USD has broken above the descending channel that started in early July
A daily close above the channel & 0.7360 resistance would confirm the short-term bottom at 0.7230 and pave the way for further gains
Imminent resistance seen at 0.7450, with 0.75 the next significant level
However, with NFP on Friday, there might be better opportunities in the AUD crosses, like AUD/CAD or AUD/NZD