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AUD/USD through 0.91 handle

FXstreet.com (London) – AUD/USD is through the 0.9100 handle again and is oscillating between 0.9100 and 0.9127 currently.

There was a handful of data out of Australia overnight, and none of it was particularly positive for the AUD mind you. Strategists at TD Securities noted that we saw weaker than expected private sector credit data overnight. They said the AUD nevertheless managed to hold up well overnight and has shown signs of stabilising over the past two days. “Looking at the charts AUD/USD has some room to rebound toward 0.9200, but the broader fundamental and technical signals still …read more