The AUD/USD pair broke much higher during the session on Wednesday, testing the 0.94 handle. This market has essentially wiped out the losses from the previous session, so essentially it was a “no harm, no foul” type of move. The market should continue to go much higher, and a break above the 0.95 level is probably coming fairly soon. However, expect there to be a lot of noise between now and then, but ultimately we believe that the market is positive, and as a result we have no interest in selling at all.
