AUD/USD 10th-14th sep 2012 weekly Review

AUD/USD:The pair bounced at 1.0175 last week and rallied to 1.04** area.immediate resistance lies at 1.0415-30 area. we are expecting to see a bearish retracement towards 1.0330-00 area.Any daily close below 1.0300 will invalidate this bullish expectation. provided the support holds,any movement back above 1.0380 will keep the bullish scenario intact targeting 1.0460, 1.0580-0600 area.