Aussie continues its impressive comeback from yesterday’s dive, up more than 2 cents from the 0.8905 lows. 0.9121 is technical resistance, a top from Monday as well as a trendline drawn off the 0.9327 highs on Oct 21.More is eyed up at 0.9160 and more importantly at 0.9180. Asian offers at 0.9080 were absorbed after US markets went into risk-loving mode earlier in the day, extending after the ISM risk event was out of the way.
AUD trades now at 0.9107.
