FXstreet.com (Barcelona) - Australian Dollar continues its rally and the pair, rose further at levels not seen since August 08; AUD/USD broke above 0.9200 during Asian session, to reach a fresh 14-month high at 0.9225.

The Aussie is overbought in hourly, 4-hour and daily charts, and, according Jamie Saettele, tecnical analyst at DailyFX, USD decline might be at its latter stages: Continued divergence with momentum suggests that the decline is in its latter stages. Levels to watch going forward are .9200, .9270, and .9325 (these are former support levels from 2008). Coming under .8979 would suggest reversal and shift focus to .8867.

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