The Australian dollar has rallied a bit during the trading session on Thursday as traders have come back from Christmas. At this point, the 0.6950 level being broken to the upside probably signifies that the trend has changed, and one thing that is on the sidelines and perhaps pushing this market higher is the fact that copper is starting to break out as well. At this point, the market is well above the 200 day EMA as well, and that in and of itself is a bullish sign.


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