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AUD/USD – Surges to Three Month High Above 0.81
The Australian dollar has enjoyed a solid start to the week which has culminated in a new three month high above 0.81 in the last 24 hours. The last couple of weeks has seen the Australian dollar on a roller-coaster ride moving from below 0.78 and up to near 0.81. Earlier last week the Australian dollar surged higher however it ran into resistance right around 0.7950 and 0.80 before easing slightly and consolidating in a narrow range between 0.7850 and 0.79 to finish out the week. A couple of weeks ago it enjoyed a solid start to the week, moving to a three month high just shy of 0.81. It then eased back towards the ... (full story)
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