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Australian Dollar Forecast: AUD/USD, AUD/JPY Ponder Topside Breaks – DailyFX
The Australian Dollar looks to be on the verge of a bullish break higher in both AUD/USD and AUD/JPY. That said, technical hurdles to a potential breakthrough still exist.
AUD/USD & AUD/JPY Price Outlook:
- AUD/USD is probing overhead resistance as it attempts to extend a higher-high
- Similarly, AUD/JPY has moved beyond an area that has frequently offered resistance
- Should risk appetite continue, AUD/USD and AUD/JPY may look to extend higher
Australian Dollar Forecast: AUD/USD, AUD/JPY Ponder Topside Breaks
The Australian Dollar has extended its upward trajectory against the US Dollar and Japanese Yen this week and both Aussie…
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