Australian dollar technicals still bullish
Via Credit Suisse: The strong rally continues to pause ahead ofour .7574/.7638 objectiveAUDUSD continues to consolidate as expected after reaching thebeginning of a cluster of long term Fibonacci retracements andour first core upside objective, starting at .7574–the 78.6%retracement of the entire 2018/2020 fall-and stretching up tothe 38.2% retracement of the entire 2011/2020 fall at.7624/38.