AUDUSD Australian Dollar / U.S. DollarFOREXCOM:AUDUSDShavyfxhubAUDUSD EXCHANGE RATE CLOSE OF FRIDAY =0.70685 If only bulls can cross 0.741 supply roof the expect the rate to continue to favour AUD and the next target will be a yearly roof at 0.8 zone the key parameters to watch is as follows. AUD 10year bond yield (AU10Y) RBA Cash rate THE federal reserve interest rate the united states 10 year treasury bond yield. the interest rate differential and the bond yield differential because from structural perspective we need one more swing above 0.741 to assure that AUD demand can keep the buying pace otherwise it will likely form a double top and breakdown from that zone. patience is key and critical. trade direction hinges on break and close 0.741 ascending trendline supply roof on monthly . however the bullish signs tilting towards AUD upswing ,but basic economic dockets and change in federal reserve monetary policy can flip the script based on the long tern trend and directional bias which remains bearish for now. wish you goodluck #AUDUSD #AU10Y #US10Y #DOLLARINDEX key parameters to watch for buy /sell of AUDUSD .