AUD Bulls Hesitate Near 0.7100 as Dollar Rebounds from Two-Month Low
AUD/USD is currently trading at 0.71009, turning lower after a slight uptick in early Asian trading on Tuesday. The market awaits confirmation of a decisive break below the…
AUD/USD is currently trading at 0.71009, turning lower after a slight uptick in early Asian trading on Tuesday. The market awaits confirmation of a decisive break below the 0.7100 level, following the pair's earlier climb to its highest level since June 5 in the previous session before pulling back. Meanwhile, the dollar's rebound from a two-month low weighs on the Aussie, leaving bulls hesitant around 0.7100.
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