AUDUSD is pushing the upper limit
The AUDUSD is pushing the upper limit – well breaking through as I type . The next target comes in at 0.6331.
Admittedly, the price has been in a volatile up and down range over the last 7 or so days. The low of the range comes in at 0.62348. The high at 0.63016.
With the price now breaking outside that range, the buyers are making a play.
This article was originally published by Forexlive.com. Read the original article here.