Forex Flash: AUD/USD needs to tackle resistance at 1.0564 - Commerzbank

FXstreet.com (Barcelona) - Despite the extremely directional looking rebound from its 55-week moving average, at 1.0358, the AUDUSD still needs to tackle tougher resistance offered by the downtrend at 1.0564. "Directly overhead the downtrend and the 1.0613/24 resistance area (August and September highs) should continue to offer stiff resistance", wrote Commerzbank analyst Karen Jones, considering the 55-week MA together with the minor low at 1.0345 as the break point to the 1.0288 November low and the 1.0149 October low.