The Australian Dollar that is!
CLICK ON CHART TO ENLARGE
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!