The Aussie dollar holds firm tone in early Friday’s trading and looking for further upside after strong rally on Thursday completed Doji reversal pattern and generated bullish signal on close above 10SMA. North-heading momentum adds to near-term bullish bias for test of key barriers at 0.7565 (Fibo 38.2% of 0.7812/0.7412 fall) and 0.7584 (falling 20SMA), break of which would generate strong bullish signal. Broken 10SMA (0.7507) is expected to hold and keep bullish scenario in play.
Res: 0.7565, 0.7584, 0.7612, 0.7641
Sup: 0.7507, 0.7472, 0.7450, 0.7412
