AUD/USD steadies after losses
AUD/USD has stabilised for now around $0.724, but it is not yet clear that a further bounce will materialise.
However, some early gains are providing hope for the buyers that a bounce is developing. A move back below $0.721 restores the bearish view.
Read More: EUR/USD, GBP/USD and AUD/USD declines ease off | Levels to watch