The AUD/USD pair rose during the session on Wednesday, finding enough strength to break out above the highs from the previous session which of course was a breakout candle to begin with. Because of that, we feel that the market should continue to gain overall, and that pullback should be nice buying opportunities as the momentum has definitely shifted to the upside. Because of this, we are “buy only” at the moment with the Aussie dollar, and recognize that selling is going to be almost impossible at this point in time, definitely until we break below the 0.92 handle.
