The AUD/USD pair broke above the 0.94 level during the session on Thursday, after initially falling. This is a very positive turn of events, and we believe that the Australian dollar will continue to gain. In fact, it looks as if the commodity dollars in general are going fairly well, and as a result we have no interest in selling this market. The 0.95 level will resistive as well, but a break above there should send this market looking for the parity level, something that we expect to see given enough time.
