I wrote about the key 61.8% retracement level in AUD/USD yesterday and that definitively broke today after the less-dovish RBA minutes and better sentiment surrounding Europe.
Offers are seen at 1.0220 with more at the 200dma.
I like longs but there is another side — Lloyds earlier came out with an AUD/USD sell recommendation a few hours ago targeting 0.9889 with a stop at 1.0293.
