• AUD/USD is making a minor recovery from lows of 0.7371 on Wed, but long-term outlook still remains bearish
  • Upbeat Australia employment data and improved risk appetite supportive
  • Greek debacle will be in focus over the weekend and a positive outcome could buoy the pair further
  • AUD/USD is currently trading at 0.7486 with a high of 0.7495 and a low of 0.7442
  • Supports lie at 0.7391 (July 9 low)  and then 0.7371 (July 8 low)  , while resistances on the top-side are at 0.7500 (Jul 7 highs), 0.7554 (Daily Tenkan-Sen)

The material has been provided by InstaForex Company – www.instaforex.com