Australian dollar continues its attempts to resume growth, but in recent years remain limited, and dealers noted that today it is actively selling the dollar against the Australian corporate accounts, while paired with yen considerable pressure to provide the Japanese names. AUD / USD in the Asian session was able to rise to $ 0.72, but bullish momentum has dried up, and so far below the couple has adjusted and now holds close to $ 0.7186, feeling some interest in buying in the area of $ 0.7170, while larger orders are around $ 0.7150/40. The ability of the Australian dollar to refrain from falling below this support in the past few days seemed a positive signal to customers, but to date, a couple appeared to be lower trendline with minima in March and the day indicators developed in the area and now perekuplennosti indicate below, that makes the bulls of care. Breakthrough below $ 0.7150/40, according to dealers, may lead to active elimination of the accumulated long positions, which threatens to turn into a deeper correction Aoussa. Currency strategists Royal Bank of Scotland, however, also reduce the fear of development, noting that the yield on the Australian Securities is no longer so attractive, and its further decline, which they expect later this year, will involve the fall of the Australian currency. The bank noted that current levels do not appear attractive to the opening of long positions and see the risks of return AUD / USD below $ 0.70 in the near future.
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