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AUD/USD Prints New Multi-Decade High

AUD/USD Prints New Multi-Decade High

Thomas Long, Course Instructor

This recent strong move up by the AUD/USD resulted in this pair printing a new multi-decade high. That is extremely bullish and means to continue to look for buying opportunities. I would maintain this bullish bias as long as the pair remains above the .96505 low noted on the chart.

AUDUSD_body_71230d1288700874-trend-day-audusd-1102.png, AUD/USD Prints New Multi-Decade High

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.