FxWirePro: AUD/USD attempts 0.77 handle, momentum bullish - stay long
Comments from Reserve Bank of Australia (RBA) governor Stevens offered no dovish surprises. AUD/USD remains on the front foot, attempts to retake the 0.77 handle, intraday bias higher. Supports are seen at 0.7652 (5-DMA)…
Targets 1 and 2 have been achieved. We see scope for further gains. Recommend booking partial profits, raise trailing stop to 0.7660, hold for 0.7720/ 0.7775.