Australian Dollar is struggling to post meaningful recovery overnight from the weekly lows and oscillating in narrow range near 0.7200 handle.
Recent optimism around US-China trade issue gave breather to the Aussi bears and prompted some short-covering. The pair rallied to 0.7220 area as a reaction to the headline. However, US Dollar is modestly higher which is capping further gains in the pair.
Technical Levels to Watch
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