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AUD/USD lifts above technical resistance and takes a step closer to 0.66
The more general malaise in the US dollar at the moment has helped the AUD/USD push closer to the 0.66 handle today. The high seen a little earlier was set at 0.6595 and that is the highest price point for the AUD/USD since August 10. The push above the 200 day moving average (now at 0.6584) also looked like it might have tripped a few stops, when it lifted to that session high. The AUD/USD could extend further beyond 0.66, but perhaps more important than that, is whether or not it manages to set a daily close above that 200 day moving average, when the the US markets close this evening. The low seen earlier was set at 0.6567. The AUD/USD is currently trading at 0.6588
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