AUD/USD is staging a rebound after finding support near 0.7200.
US Dollar Index struggles to extend its rally.
Risk flows help AUD gather strength against its rivals.
The AUD/USD pair lost more than 60 pips on Tuesday and tested 0.7200 but reversed its direction on Wednesday supported by risk flows and modest USD weakness. As of writing, the pair was trading at fresh daily highs near 0.7260, gaining 0.6% on a daily basis.


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