AUD/USD 1H Chart 1/2/2013 7:50AM EST Consolidation, bullish bias: The previous update observed a possible bottoming situation in the AUD/USD around the holiday season. It was choppy, but the market held above the “central pivot” we noted around 1.0363 , as seen in the 4H chart. This reflected bullish bias within the brief period of consolidation. New Year surge: During the 1st session of 2013, the AUD/USD surged from this consolidation area going from 1.3727 to almost 1.05. It is held there to
