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Buy the Australian Dollar Here
['Jim Wyckoff', 'August', 'Min Read']
Yahoo Finance
A pile of Australian dollar bills by RomanR via ShutterstockDecember Australian dollar (A6Z26) futures present a buying opportunity on more price strength.
See on the daily bar chart for the December Aussie dollar futures that prices are trending up and have just hit a six-week high.
A move in the December Australian dollar futures above chart resistance at today's high of .7027 would become a buying opportunity.
Here is what the Commodity Futures Trading Commission (CFTC) has said about futures trading (and I agree 100%):Trading commodity futures and options is not for everyone.
You should understand commodity futures and options contracts and your obligations in entering into those contracts.