Australian Dollar consolidates in narrow range
Australian Dollar consolidates in narrow range Gold remains well bid AUD/USD The Australian Dollar continued to exhibit strength after managing pushing toward the 0.8478 level, a 61.8 Fib of the 0.9849-0.6018 USD rally and the August monthly pivot high. A break to the upside would most likely see the pair test near-term resistance above the psychologically important 0.8500 handle at 0.8519, a confluence of the September 2008 monthly pivot high and January 2008 monthly pivot low. Further upside