The Australian Dollar that is!
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The Australian Dollar continues to push higher on a long-term basis and the Australian Dollar ETF (FXA) looks to be breaking above a multi-month sideways channel.
Game Plan….Those looking to invest in a currency that is reflecting strength at this time should be an owner of FXA with a stop just below old resistance at (2). Not a bad yield on this ETF either!
i like that title…got a chuckle out of me.