AUD/USD gains for second session

After a spike down yesterday, the Aussie strengthens for a second trading session, as the price touched upon the historical support at 0.9661. Seems that the pair posted two consecutive positive sessions in a row for the first time since 28th of April. The closest resistance should be around a 0.9750 level, where a previous dip was suspended, and 0.9805/30, where the 20-day SMA merges with another historical resistance.

Sentiments in SWFX market remain rather similar to the yesterday's, as 75% of positions are long. A one-year low is a perfect reason for speculators to open counter-trend positions and expect a correction. Placed orders segment is bearish with 58% of sell orders outstanding.