The Australian dollar bounces strongly in Asian / early European trading on Tuesday (up 1.3%), lifted by improved risk sentiment on speculations that China could ease Covid restrictions after recent protests. Fresh bullish acceleration comes after repeated rejection at the top of thick daily cloud (0.6649) which continues to underpin near-term action. Daily studies maintain […]

The post AUD/USD: Aussie Rallies on Improved Sentiment as Top of Thick Daily Cloud Provides Strong Support appeared first on Action Forex.