Combination of CPI and RBA governor Lowe sees AUDUSD in retreat 26 July
Eamonn had all the detail in his wrap.
Currently 0.7895 after 0.7889 lows.
Demand/support/bids into 0.7880 with larger into 0.7850.
Offers/res now building into 0.7920 with more into 0.7950.
The Aussie's enjoyed a good run of late so this retreat should be taken in context and we should expect decent dip demand still for the time being.
AUDUSD 1 HR
