AUD/USD Outlook: Rising Oil and Stock Prices Underpin Aussie’s Recovery

<p>The Australian dollar extends recovery into second day, signaling formation of higher low at 0.6372, supported by unchanged RBA and risk sentiment on rising stocks and oil prices. Fresh gains through 0.6438/48 (10DMA/Fibo 38.2% of 0.6569/0.6372 pullback) eye barrier at 0.6471 (50% retracement) with minimum requirement to generate bullish signal on close above 0.6448. Larger […]</p>
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