Buy on a level breakthrough of 0.7570 with 0.7650 target. Stop loss = 0.7520.
Reason for the trading strategy
Over the last month, the yield on 10-year US bonds rose by 14 bps to 1.87%, and the yield on the Australian ones rose by 17 bps to 2.57%. In the context of stabilization of prices for raw materials, purchasing high-yielding Australian bonds attracts investors.