AUD/USD: Potential Scenarios After This Week’s Rally

This week, the AUD/USD pair has headed upwards, breaching the support levels at 0.7550, 0.7593, and 0.7634, and reached a monthly high of 0.7678. The upward momentum is attributed to the positive economic data from Australia as well as the overall dollar weakness following Fed’s decision on Wednesday. On Tuesday, the Australia’s NAB Business confidence […]