The AUD/USD pair has continued it march northward today, and looks ready to find the 1.02 mark over the next 24-48 hours. The pair will have to decide whether or not the 1.02 will finally give way, and allow the measured move up towards 1.07, based upon the rectangle we are currently in. If we fail to break through the 1.02 level, we are going to fall to at least 1.0000 from there.
More March 23, 2011 Technical Analysis: