AUD/USD pierces big level to downside

AUD/USD posted an intraday 52-week low but failed to close lower.

There is a new AUD/USD 52-week low in place, but not on a daily close basis. Today's price movement punched a 52-week low but came back, closing the day above.

AUD/USD: RBA minutes to turn on the heat - FXStreet

Valeria Bednarik, chief analyst at FXStreet noted that AUD/USD sunk to a fresh 6-year low of 0.7327 as metals, and particularly gold, nosedived during the previous Asian session.
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