AUDUSD finds 0.7300 a step too far after an impressive rally

It's been a good session but the rally is stalling for the moment

Decent offers/res at 0.7300 that I highlighted earlier is helping to cap a good Asian and early-European showing after stronger data and the RBA left rates on hold

Currently 0.7286 we can expect decent demand into 0.7260 should the retreat extend that far. After 0.7300, highs last seen in October, more res/sell interest lays ahead into 0.7330.

Trawling around for the moment making its mind up

Best in 2026

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