The Aussie is back on an upswing amidst a broad-market risk recovery, but July’s highs near 0.7480 remain the level to beat before bulls can begin marking in a consistent move higher. Data for the AUD has been thin and on the disappointing side, and the current up-move sees momentum from US Dollar sell-offs. Aussie bulls are likely still on the sidelines, and a resurgence of market tensions on trade, geopolitics, or supply constraints will see a quick reversal. AUD/USD Chart, 15-Minute Spot rate: 0.7455 Relative change: 0.05% High: 0.7461 Low: 0.7440 Trend: Bullish Support 1: 0.7440 (current day low) Support 2: 0.7391 (previous day low) Support 3: 0.7373 (61.8% Fibo retracement level) Resistance 1: 0.7463 (previous day high) Resistance 2: 0.7483 (July top) Resistance 3: 0.7558 (R3 daily pivot) FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next PBOC sets the Yuan reference rate at 6.7662 FX Street 5 years The Aussie is back on an upswing amidst a broad-market risk recovery, but July's highs near 0.7480 remain the level to beat before bulls can begin marking in a consistent move higher. Data for the AUD has been thin and on the disappointing side, and the current up-move sees momentum from US Dollar sell-offs. Aussie bulls are likely still on the sidelines, and a resurgence of market tensions on trade, geopolitics, or supply constraints will see a quick reversal. AUD/USD Chart, 15-Minute Spot rate: 0.7455 Relative change: 0.05% High: 0.7461 Low: 0.7440 Trend:… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
