AUD/USD Nears Multi-Decade High
The series of higher highs and higher lows has resulted in this pair trading within 100 pips of a multi-decade high. This means a strong uptrend and to continue to look for buying opportunities. I would maintain a bullish bias as long as the pair remains above the .95405 low noted on the chart.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.