AUDUSD Broken out From Major Trading Range

AUDUSD has recently broken out from and closed above a major trading range it had been in for over a year, so we would expect price to continue to move higher in the coming weeks. This week, 0.7875 is near-term support and we are looking to buy near those areas if we get a price action entry signal following some weakness. The next key resistance / target area is up near 0.8162.