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Australian Dollar Outlook: AUD/USD Breakout Gives- Exhaustion Ahead? – DailyFX

Australian Dollar closed a five-week winning streak with the Aussie breakout soaring to fresh 2020 highs. Here are the levels that matter on the AUD/USD technical chart.

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Australian Dollar Technical Price Outlook: AUD/USD Weekly Trade Levels

  • Australian Dollar technical trade level update – Weekly Chart
  • AUD/USD breakout testing multi-year Fibonacci resistance at 7131
  • Aussie constructive while above 6807- Resistance at 7328

The Australian Dollar rallied more than 1.3% against the US Dollar this week with a breakout in AUD/USD fueling a fifth consecutive weekly rally to fresh yearly highs. The advance stalled this just above long-te…

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