The AUDUSD regains traction on Thursday and regains 0.72 handle, following strong rejection at 100DMA (0.7227) on Wednesday, which resulted in a shallow pullback, contained by broken Fibo 38.2% of 0.7661/0.6828 and keeping larger bulls intact. Fundamentals remain supportive for the Aussie as data released today showed that Australia’s trade surplus widened in April, while […]
The post AUD/USD: Aussie Keeps Firm Tone But Near-Term Action is Directionless and Looks for Fresh Signals appeared first on Action Forex.
