Forex: AUD/USD jumps after Fed, focus on 1.0600

FXstreet.com (San Francisco) - The Australian Dollar has reacted to the upside against the Greenback following the fed's unchanged decision. The AUDUSD has climbed around 50 pips from 1.0535 to reach the highest levels since September 14 at 1.0585.

Currently the pair is pricing at 1.0575, 0.45% above opening price action. FXTimes argues that the bullish break (1.0500 and 1.0550) opens up the August and September highs in the 1.06-1.0623 area.