To finish last week, the Australian dollar did well to rally higher after trading at a four month low around 1.0220. It was able to finish last week at slightly higher than 1.03 although to start this week, it has just slipped a little below 1.03. Earlier last week the Australian dollar rallied higher after finding some short term support around 1.0280, which saw it move back to within reach of the resistance level at 1.0360 again. In the last couple of weeks, the Australian dollar has been trying to rally and push back up towards 1.04 however it has ran into some short term resistance around 1.0360, a level which ... (full story)