Australian Dollar Breaks Above 0.7000 Then Retreats
The AUD/USD pair briefly climbed above the 0.7000 level for the first time since mid-June before giving up gains.
AUDUSD
The Australian Dollar opened near 0.6975 and edged higher throughout the Asian and European sessions, finally poking above the 0.7000 figure for the first time since mid-June. However, the rally quickly faded as momentum quietly left the pair, suggesting resistance remains firm at that psychological level.
Source: FXStreet Forex News