March Australian dollar (A6H26) futures show a buying opportunity as prices trend up and hit a contract high. The MACD indicator is bullish, indicating a solid near-term technical advantage. Easier US monetary policy and increased demand for raw commodities support the Aussie dollar. A move above resistance at .6729 could lead to a buying opportunity with an upside target of .6950.

It is essential to note that trading commodity futures and options is volatile, complex, and risky. Before investing, consider your financial experience, goals, and resources. Understand the risk and obligations involved in trading. Ensure you review all risk disclosure documents provided by your broker. This information is for informational purposes only, and the author has no positions in the securities mentioned.

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