AUDUSD is playing nicely with the tech…for now?
The aussie has bounced nicely from support around 0.7490 after the Friday and today’s drop. 0.7500 put up a bit of a fight but the support further down around 0.7490 (including the 100 dma at 0.74876) has helped cushion the area, and has told break traders that they’ve got a lot more work to do to get the price below.
What’s not to like about trading the Aussie when it plays like this?
