AUDUSD has become impulsive and non-volatile after rejecting 0.7210 to 0.7240 resistance level. AUDUSD dropped below 0.7100 area.
AUDUSD bulls have regained momentum today morning during the Asian session. AUDUSD strikes higher above 0.7180 resistance area.
In the Asian session, positive data from China and Australia saw the AUDUSD pair move slightly higher above 0.6827.
Australian dollar rises to a high of 0.6892 after the country reported better-than-expected inflation numbers for the second quarter.
In this AUDUSD technical analysis, Australian dollar continues bullish moves as the bears are slowly retreating and exiting their short positions.
The Australian dollar drops sharply today after the country released weak inflation data. Will the AUDUSD pair continue to drop?
Australian dollar rises sharply after China released its first-quarter economic data. Will the AUDUSD pair will continue moving upwards?
In this AUDUSD analysis, the pair trimmed a part of its early strong gains to three-week tops, albeit has managed to hold in the positive territory around mid-0.7100s.
The Australian dollar dropped sharply after trade jitters re-appeared. The AUDUSD pair reached a low of 0.7056. What is next?