AUD/USD breaks into fresh weekly highs

FXStreet (Bali) - AUD/USD has popped up to print a new weekly high at 0.8138, following a softer-than-expected Australian retail sales, and ahead of Chinese CPI.

The next key level to the upside where offers should be stacked is found at 0.8145/50, level of intersection with a descending trendline coming off Dec 11 high. On the downside, immediate support lies now at 0.8120 and 0.81.