AUD/USD has been a prime beneficiary of the resumption of risk appetites, rising over 2 cents intraday. If looking for a spot to book some short-term profits, the 61.8% retracement of the decline from 0.9325 to 89.40 comes in at 0.9180. We came within a handful of pips of that level, stalling at 0.9173 so far. Breath-taking, to say the least.
