Price of AUDUSD is currently showing mixed signals on the daily chart. There was a gap up on Wednesday 2nd January 2013 when the market opened. However on Wednesday price tried to close the gap but failed to do so. Currently I hold a bearish view on the AUDUSD and I would like the price to go to the 1.0565 are and I would then look for bearish signals to sell the AUDUSD.
A close above 1.0624 would invalidate my bearish views of the AUDUSD. Short term target would be the 1.0402 and long term target 1.0251.