The Australian dollar pulls back as risk appetite abates earlier this week. The pair has met resistance at 0.7610, previously a demand zone now turned into a supply zone.
Sentiment remains mixed after the mid-June sell-off. Indeed, buyers are likely to test the water before committing themselves.
The Aussie may seek support at 0.7540. Further down, 0.7500 is a critical level to keep the rebound relevant. On the upside, a break above 0.7610 may attract momentum players and open the path towards 0.7700.
