The song remains the same, another barrier falls

Price action suggests there was another barrier in the AUD at the 0.9600 level. Prices topped at 0.9601 before a mild dip.

The market assumes another Aussie rate hike lies around the bend in early Oct and that the Fed will buy more bonds before year end. That’s a powerful combination to propel AUD/USD higher.

Do not try and pick tops, I beg you/ Long or square are the only two positions to consider in a trend this strong.