Fresh highs of the day as AUD/USD takes out offers at 0.9350 to a four-month high of 0.9359.
Today’s gain clears the 61.8% retracement of the Oct-Jan decline. Resistance is light until the late-November high (0.9448) and the measured target of the inverse head and shoulders pattern, which comes in close to 0.9500.
AUD/USD daily