AUD/USD inches closer towards 0.7800 once again


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The antipodeans are posting a slight advance to start the session, with AUD/USD climbing up from around 0.7770 earlier to a high of 0.7797 currently.

Meanwhile, NZD/USD has also moved up from 0.7220 to 0.7239 as the dollar is seen a touch weaker with EUR/USD also pushing just above 1.2100 and testing key near-term levels as we get things underway in European morning trade.

Going back to AUD/USD, the pair is set to run into resistance once again from the highs of the year around the region of 0.7800-20.

That limited gains earlier in the week and remains a key spot to watch today.

A firm break above that will bode well for buyers in the hunt towards 0.8000 next.



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