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AUD/USD – Rallies back above Key 0.90 Level
The AUD/USD is presently consolidating in a narrow range right around 0.9030 after finishing last week surging back through the key 0.90 level Earlier last week it experienced an ordinary few days which saw it fall strongly and move back down through the key 90 cents level to a two week low just above 0.8950. It rallied well to finish the previous week moving from below 0.91 back towards the short term resistance level at 0.92, however it has since experienced the decline and sold off quite heavily. A few weeks ago it moved very well from three year lows to move back above the key level of 90 cents and beyond to a ... (full story)
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