- AUD benefitting from China rate cuts on weekend and EUR/AUD selling
- Stops were triggered above 0.7665 to a high at 0.7680
- Resistance is seen at 38.2 % Fibonacci retracement of 0.7849/0.7587 move at 0.7686
Technicals
Add as a preferred source on GoogleAUD/USD back above US Friday close as early shorts cover
AUD benefitting from China rate cuts on weekend and EUR/AUD selling Stops were triggered above 0.7665 to a high at 0.7680 Resistance is seen at 38.2 % Fibonacci retracement of 0.7849/0.7587 move at 0.7686
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