AUD/USD is currently testing the 0.600 level on a resumption of USD strength stemming from risk aversion connected with bad economic news from the US and Europe, per Rabobank.
“AUD/USD had held above...
The market is in search of a clear direction.
The level to beat for sellers is the 1.2973 level.
GBP/USD daily chart
The market is essentially ranging above the 100/200-day simple moving averages (SMAs)...