AUD/USD
Strategy: Flat
The breakneck Australian Dollar rally continues to push higher, with prices now testing major support-turned-resistance in the 0.9228-0.9377 region. A sustained break above this area opens the door to a test of the important psychological barrier at 0.95, with any push beyond that paving the way to challenge the record high at 0.9856. We remain sidelined for now.

For streaming currency market news and analysis, please visit http://forexstream.dailyfx.com
To reach Ilya regarding this article or subscribe to his email distribution list, please contact him at ispivak@dailyfx.com
DailyFX provides forex news on the economic reports and political events that influence the currency market.
Learn currency trading with a free practice account and charts from FXCM.