Australian Dollar Forecast: Aussie Rally Testing Key Breakout Levels

The Australian Dollar rallied more than 0.60% closer to the US Dollar this week with AUD/USD shopping for and promoting absolutely above the 73-handle in early US alternate on Friday. The rally takes Aussie once more into a key technical barrier we’ve been monitoring for weeks now and at the same time as the broader core of interest stays constructive, the improve is inclined while below this resistance vicinity heading into the shut of the month – we’re looking for inflection here. These are the up to date goals and invalidation tiers that count number on the AUD/USD weekly cost chart. for an in-depth breakdown of this Aussie alternate setup and more.

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