AUDUSD Breaking Higher
July 1, 2014AUD/USD has gained today on the back of a flat outcome from the RBA and good recent data coming out of china. We have broken above the yearly highs so far of 0.9459, and are currently trading at 0.9478. Crosses are looking bullish also. I am looking for dips to buy AUD and crosses, and am remaining in my long AUDUSD position, moving my stop up now to 0.9450. Find the chart below of the move up today:
