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FxWirePro: AUD/USD minor pullback from Wed's low, outlook still bearish

AUD/USD is making a minor recovery from lows of 0.7371 on Wed, but long-term outlook still remains bearish Upbeat Australia employment data and improved risk appetite supportive Greek debacle will be in focus over the we…

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  • AUD/USD is making a minor recovery from lows of 0.7371 on Wed, but long-term outlook still remains bearish

  • Upbeat Australia employment data and improved risk appetite supportive

  • Greek debacle will be in focus over the weekend and a positive outcome could buoy the pair further

  • AUD/USD is currently trading at 0.7486 with a high of 0.7495 and a low of 0.7442

  • Supports lie at 0.7391 (July 9 low)  and then 0.7371 (July 8 low)  , while resistances on the top-side are at 0.7500 (Jul 7 highs), 0.7554 (Daily Tenkan-Sen)

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