Strong GDP numbers earlier kicked off the rally
The Australian dollar just knocked out the February high and the 200-day moving average, albeit only marginally.
The Feb high was 0.7259 and the high so far is 0.7260 before a pullback to 0.7250. I would be cautious until a better break.
The next resistance level to watch is 0.7328, which was the Dec 31 high.
