AUD/USD: Australian dollar reversed to the upside

It was an excellent start for the Aussie dollar at the beginning of the trading week after smashing the previously estimated targets at 0.68430 and 0.68600 from a rebound at 0.68200. The Australian dollar trades at 0.68606 at the time of reporting and needs to remain above 0.68600 to continue to its next target at 0.68800. Support remains at 0.68430 around the bottom of the price channel