The Australian Dollar continued to push higher for a seventh consecutive day against its US counterpart, making for the longest winning streak in two years. Prices are now testing the underside of a consolidation range broken in late August as buyers attempt to clear a path above the 0.73 figure. A daily close above range floor support-turned-resistance at 0.7259 opens the door for a challenge of the 0.7387-0.7438 area, marked by the 38.2% Fibonacci retracement and the August 11 high. Alternatively, a move back below the 23.6% level at 0.7204 clears the way for a test of the 14.6% Fib at 0.7091. Risk/reward ... (full story)