Description
⋅ Comments from Reserve Bank of Australia (RBA) governor Stevens offered no dovish surprises.
AUD/USD remains on the front foot, attempts to retake the 0.77 handle, intraday bias higher.
Supports are seen at 0.7652 (5-DMA), 0.7621 (Aug 9 low) and 0.7608 (10-DMA).
Resistance is located at 0.7719 (May 3 high), 0.7774 (Apr 22 high) and 0.78.
Good to buy dips around 0.7690/95, SL: 0.7660, TP: 0.7720/ 0.7775.