The AUD/USD pair tried to rally during the course of the session on Thursday, but as you can see pulled back to form a shooting star. The shooting star was preceded by a hammer, and we do see a significant amount of support just below as well. Because of this, the market looks as if it’s a bit confusing this area, but ultimately we do believe that the market should continue to go higher, breaking above the 0.95 level eventually. Once we get above there, we feel that the market could continue all the way to the parity level.
