Flirting with the 61.8% retracement
Australian passed another massive stimulus package today and AUD/USD is benefiting from that, broad USD weakness and positive risk sentiment.
There's a series of higher lows here and this marks a higher high and it it closes above 0.6235 that would be particularly good.
I'm curious to see how risk trades up tomorrow. I expect OPEC to cut so oil might pop but it's a long weekend and that's an extra risk.
