AUDUSD:new year high-11:50 (CET)

By @ibtimes on

The pair is above 0.9 and it seems it's now willing to make a correction. If it does it, it will have to break 0.9 to seek at least the fibo 23.6% at 0.8968 dollars per Australian dollar. It's also important to say that the pair has been around these levels since October 8th, which could be interpreted as a consolidation of the movement.If the pair keeps marking new year highs, the next target is at 0.9151 and 0.9209 for the next days.

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