AUDUSD: Breaks Key 0.6700 Resistance, Signaling Strong Bullish Momentum
AUDUSD has exhibited strong price action over the past three trading days, closing near 0.67114 yesterday and hitting a fresh yearly high. Hawkish RBA meeting minutes and rising commodity prices have fueled the Australian dollar’s upward thrust. Combined with weakened US dollar sentiment and a generally positive risk environment, momentum is firmly in favor of buyers. Traders should monitor key support and resistance levels carefully to gauge potential continuation or reversal setups.


