AUD/USD stays on track for a stronger technical breakout ...Middle East

The dollar is softer across the board and amid a strong push higher in the Chinese yuan, the antipodean currencies are also capitalising on the greenback's weakness. Both AUD/USD and NZD/USD are up 0.7% to 0.6550 and 0.6030 respectively, playing out in similar fashion on the charts as well with both pairs looking to secure firmer breaks above their respective 100-day moving averages.AUD/USD in particular has faced stubborn resistance near 0.6500 and the 100-day moving average (red line) stepped in earlier this month to aid with pinning buyers down. But finally, it seems like we're coming up for air in a push to 0.6550 - the highest levels since August.The next key stop will be the 200-day mo

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AUD/USD stays on track for a stronger technical breakout ...Middle East

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