The Australian dollar moved higher last week, as AUD/USD climbed almost one cent. The pair closed the week at 0.9361. This week’s highlights are NAB Business Confidence and the Annual Budget. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. The Australian dollar got a lift from strong employment data, and the markets didn’t pay much attention to the RBA’s pleas that the Aussie is overvalued. In the US, ISM Non-Manufacturing PMI beat the estimate and Unemployment Claims dipped to a three-week low. (full story)