Australian dollar breaks the October high
If you're a bear, it's a nightmare. It's like Freddy Krueger. You hit him with everything you've got but he just keeps coming.
Commodities got thrashed in November and the Aussie was the top performer. China dips, AUD rallies anyway.
Today it was non-farm payrolls giving the market a reason to sell AUD/USD. But after a little dip, the Aussie is up 43 pips to 0.7384 and it just broke the October high.
That's the kind of strength that you can believe in.
