AUDUSDAustralian Dollar / US Dollar
0.7242
+0.46%
SUPPORT:0.720.716
RESISTANCE:0.7280.732
Past
What happened
Aussie rallied to 0.7242, within 0.5% of its 52-week high. Commodities strength and Asian tech optimism lifted the risk-sensitive currency.
Why
Why it matters
China stimulus expectations plus surging commodity prices create a perfect storm for AUD. Iron ore above $140 adds fundamental support.
Watch
What to watch
RBA minutes Tuesday 03:30 TRT. Any hint of hawkish tilt at the next meeting could push AUD through the 52-week high at 0.7277.
HEADLINES