It has been a awesome week for the AUD, with the Fed's planning to inject US$1 trillion into the financial system seeing the US dollar fall sharply against its rivals. With this announcement, the AUD gained ground. It is also backed by the rise of the commodity prices.
This is the highest level that the AUD reached since 12th January.
AUD will set to rise higher? From the time being it looks bullish. There will be resistant at 0.7101 or higher at 0.7293.
This is just an opinion for general information only.
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