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Aussie rallied almost 800 pips from the seven-year low, set in January near 0.6825. Last swing was particularly strong and after a proper stop-run above 0.75 level, the pair is finally finding some sellers.
It is possible that the pair will see some backing and filling in the days ahead. There's plenty of support levels for the bulls to lean against with 0.72 - 0.725 a potential bull/bear line in sand.
It is possible that the pair will see some backing and filling in the days ahead. There's plenty of support levels for the bulls to lean against with 0.72 - 0.725 a potential bull/bear line in sand.
