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’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 […]</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>

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