The Australian Dollar has extended its upward trajectory against the US Dollar and Japanese Yen this week and both Aussie pairs may continue higher if technical hurdles can be mounted and risk trends remain accommodative. In the case of AUD/USD, recent strength has allowed the pair to post a new higher-high relative to last week while taking aim at potential resistance derived from a swing high in early 2019 around 0.7287. {chart} The move beyond last week’s peak is an encouraging step, but further progress beyond 0.7287 might open the door to further buying as the technical barrier is surpassed and bulls can set ... (full story)