The Australian Dollar has rallied more than 6.6% against the US Dollar off the early-January low with the advance looking vulnerable just below technical resistance. These are the updated targets and invalidation levels that matter on the AUD/USD charts. Review this week’s Strategy Webinar for an in-depth breakdown of this setup and more. Technical Outlook: In my latest AUD/USD Weekly Technical Outlook we noted that Aussie reversal was, “approaching the first major resistance hurdle, and a make-or-break pivot just higher near 7240s – look for a reaction there IF reached.” Price registered a high at 7235 last Friday ... (full story)