AUDUSD Chart Technical Outlook bounced from the support zone as expected, with bull’s eye from 0.6865 toward 0.6900.
As expected in yesterday’s analysis, AUD/USD bounced from the support zone of 0.6830-0.6815. The monetary policy divergence between the RBA and the Fed supports the upward direction. Further gains are expected toward the pivot barrier of 0.6900, close to the recent swing high. An hourly close above 0.6865 would help the bullish momentum.
