Among the majors, only the AUDUSD has produced a milestone move against the greenback. The pair cleared the previous high set in June 30th around 0.9670 to push to a new intraday, 25-year high just short of 0.9720. Considering this pair’s consistent bullish momentum, however, this doesn’t come as a surprise. With today’s move, spot has moved up to Jamie’s initial target; but momentum will likely make for a higher objective next week. Risk will be kept at 0.9475 to secure against this week’s swing low and the rising trend.
STRATEGY: Bullish, against .9475, target above .9668 (probably near 1)