AUD/USD through 0.7500, session highs

The Aussie dollar is following its risk-associated peers on Tuesday, now pushing AUD/USD to the 0.7500 neighbourhood, or daily highs.

AUD/USD boosted by risk appetite                                                   

AUD remains well supported by the risk-on environment prevailing in the global markets since the start of the week, all against the backdrop of a pick up in the ‘Remain’ vote at the EU-UK Referendum on Thursday.

In addition, today’s RBA minutes showed the central bank expects inflation to remain in low levels, GDP prospects are seen above potential and employment seems to have slowed its pace.

AUD/USD levels to watch

At the moment the pair is advancing 0.58% at 0.7501 and a break above 0.7508 (high Jun.9) would aim for 0.7597 (23.6% Fibo of the Jan-Apr up move) and finally 0.7836 (2016 high Apr.21). On the other hand, the next support aligns at 0.7447 (55-day sma) followed by 0.7413 (20-day sma) and then 0.7283 (low Jun.16).