AUDUSD – Breaks Through The 1.0378/84 Levels, Eyes Further Strength
AUDUSD With AUDUSD rallying through its key resistance at 1.0378/84 zone in early trading today, further strength is expected towards the 1.0444 level, its Nov 03 2011 high. The pair has been strengthening since turning off the 0.9663 level in Nov 2011. A loss of the 1.0444 level will turn focus AUDUSD Breaks Through (Forex) The 1.0378/84 Levels, Eyes Further Strength

Daily Report: Euro Recovery Losing Steam
Euro is feeling some resistance against dollar at around 1.28 level as risk rally loses steam. Markets reaction to S&P’s downgrade was so far limited, which reflected in successful bill auctions in Eurozone. But the current recovery in Euro is mainly seen as short squeezes following the pre-downgrade selloff. The AUDUSD Breaks Through (Forex) The 1.0378/84 Levels, Eyes Further Strength