The Australian Dollar is attempting to snap a three-week rally with AUD/USD trading more than 1.4% off the December high into the start of 2024. The October advance exhausted into uptrend resistance last-week and while the broader outlook is still constructive, the threat remains for possible weakness early in the month. The battle-lines are drawn into the January-open with US Non-Farm Payrolls on tap Friday. These are the updated targets and invalidation levels that matter on the AUD/USD weekly technical chart. Technical Outlook: In last month’s Australian Dollar Technical Forecast we highlighted that AUD/USD had ... (full story)