AUD/USD to move to April highs? - UOB

Analysts at UOb Group noted, the Melbourne Institute and Westpac Bank survey found consumer sentiment faltered 1.1% in November, from October when it rose by a similar quantum.

Key Quotes:

"That left the index at 101.3, with optimists still outnumbering pessimists.While AUD managed to move above the strong 0.7760 resistance (high of 0.7778), we prefer to see a daily closing above 0.7760/65 before turning bullish (in anticipation of a move above the April’s high of 0.7836). This appears to be a likely scenario."