AUD/USD Price Analysis: Hits seven-week tops, bulls remain in charge ahead of NFP
newscatcher
2021-09-03 09:30
AUD/USD Price Analysis: Hits seven-week tops, bulls remain in charge ahead of NFP
AUD/USD gained strong follow-through traction on the last trading day of the week. Sustained breakthrough key barriers might have already set the stage for further gains. Overbought RSI on hourly charts warrants some caution ahead of the US jobs report. The AUD/USD pair continued scaling higher through the first half of the European session and climbed to seven-week tops, around the 0.7435-40 region in the last hour. The prevalent bearish sentiment surrounding the US dollar assisted the AUD/USD pair to build on its recent strong rebound from the 0.

https://www.fxstreet.com/news/aud-usd-price-analysis-hits-seven-week-tops-bulls-remain-in-charge-ahead-of-nfp-202109030922

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