AUD/USD bulls in charge, challenging the 200 sma on the 4hr sticks through 0.7500

Currently, AUD/USD is trading at 0.7503, up 0.14% on the day, having posted a daily high at 0.7515 and low at 0.7488.

AUD/USD bulls are continuing their attack on the 0.75 handle and has just taken back territory there with a fresh daily high to challenge the 200 sma on the 4hr sticks located at 0.7514.

We got some data out that had an impact on the price, with a mixed outlook from National Australia Bank's monthly Business Survey for November that offered Business Conditions at 5 vrs the prior 7 and revised higher from 6. This is another drop for the second month in a row. Business Confidence arrived at 5 vrs prior 4, while all industry groups show a positive reading.

AUD/USD levels

Current price is 0.7503, with resistance ahead at 0.7506 (Weekly Classic R1), 0.7506 (Yesterday's High), 0.7515 (Daily High), 0.7526 (Daily Classic R2) and 0.7532 (Daily 200 SMA). Next support to the downside can be found at 0.7493 (Weekly High), 0.7491 (Daily Open), 0.7490 (Daily Classic R1), 0.7488 (Daily Low) and 0.7484 (Hourly 20 EMA).