AUD/USD found some support at 0.7500 after all and bounced off from that level after forming an inverted hammer candlestick on the daily time-frame. Next target is likely around 0.7580.
AUD/USD reached 0.7580 but it hasn't been able to break out above that level yet. That said, the pair is bullish and there will likely be a breakout soon.
AUD/USD bounced off from 0.7695 and formed a shooting star candlestick at that level. The move to the downside continues and the pair will likely fall towards 0.7600.
Aussie is starting the new week with enthusiastic bullish mood. Indicators on the daily chart are showing that bulls ain’t stop soon and first challenge is seen at 0.7715.
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