The Aussie is trading just above 0.7050 after a gain of not quite two tenths of a percent, its best level in seven weeks and the first time since mid-June that price has held clear of the 50-day Exponential Moving Average (EMA) near 0.7000.
Monday's session did the entire week's work in a single candle, reclaiming the moving-average band that had capped every rally since mid-July and stalling just short of 1.3500. The two sessions since have traded wholly inside it.
