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AUD/USD stays poised for a break higher towards the end of the week

AUD/USD is up 0.4% today to 0.6820 currently as buyers are staying poised in search of a break to the upside. The high yesterday did briefly breach the May high of 0.6818 and the resistance region around 0.6793-00, but the daily close (0.6795) fell short at confirming a breakout.Fast forward to today, and the pair is now perhaps finding added impetus to chase a break after the hot Australian jobs report here.That has bolstered the case for the RBA hiking rates in July. Looking at aussie cash rat... Read More

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Posted: Jun 15 2023, 09:54

Author Name: forexlive

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