The Australian Dollar is poised for a third consecutive weekly advance with AUD/USD rebounding off a major support confluence we’ve been tracking since the start of the year. The focus remains on a breakout of the February opening-range and the battle-lines are drawn heading into the close of the month. These are the updated targets and invalidation levels that matter on the AUD/USD weekly technical chart. Technical Outlook: In last month’s Australian Dollar Technical Forecast we noted that a, “reversal off technical resistance is now testing support with major event risk on tap next week. From at trading standpoint, ... (full story)