RTTN:Euro Trades Back Above 1.53 Against Australian Dollar
The euro extended its overnight rally against the Australian dollar in late Asian deals on Wednesday as the latter remained weaker across the board for the second consecutive day.
The euro rose back above the key 1.53 level against the Australian dollar after a gap of 5-days, up by more than 0.2 percent from 1.5269 hit late New York Tuesday. Further bullish waves could help the euro-aussie pair challenging the 1.5330/60 resistance area in the near-term.