AUD/USD Hits New 2009 Highs

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AUD/USD Hits New 2009 Highs

By Greg Michalowski on October 15, 2009 | More Posts By Greg Michalowski | Forex News By FXDD

After positive comments from RBA Governor Stevens in Perth Australia (see prior post,) the AUD moved to new 2009 highs against the USD, with any significant resistance seemingly a big figure away. However, it has been some time since the pair has tested the daily trendline support that has been protecting the pairs appreciation since the middle of the summer.

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