AUD/USD Outlook: Aussie Pulls Back After Bulls Failed At 0.7200 Barrier On First Attempt

<p>The Australian dollar pulls back from new 15-month high (0.7196) as traders took profits after bulls failed to break 0.7200 round-figure barrier. Stronger than expected drop in Australia&#8217;s export and imports in Q2 and record coronavirus cases contributed to fresh weakness. Daily stochastic and RSI reversed from overbought territory and head south, while bullish momentum [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/315079-aud-usd-outlook-aussie-pulls-back-after-bulls-failed-at-0-7200-barrier-on-first-attempt/">AUD/USD Outlook: Aussie Pulls Back After Bulls Failed At 0.7200 Barrier On First Attempt</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>