It's not so much that there's going to be AUD strength to launch this pair up, but Dollar weakness that could do the trick, just as we're seeing breakouts in many other USD pairs like EUR/USD and GBP/USD, even Gold.
Now whether these breakouts and the dollar weakness will continue, perhaps it's even just the beginning, or a major dollar reversal is going to take place, is probably what most traders are observing at this point of time.
Now whether these breakouts and the dollar weakness will continue, perhaps it's even just the beginning, or a major dollar reversal is going to take place, is probably what most traders are observing at this point of time.