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Australian Dollar's recovery from Friday's low at 0.8875 has offset Thursday's losses, although the pair has been capped again at 0.9020 resistance on Asian trade and is pulling back at early European trade, dipping below 0.9000 to session lows at 0.8970.

According to Rajoo C, next key levels to maintain the uptrend lie at 0.8945/60: "The Hourly Trend has been in a Range Trading and expect the price to test the prior swing high 9040 level,8960-45 are the critical levels to watch to maintain the bullish outlook.

Resistance levels according to Rajoo C, lie at 0.9040, 0.9135 and 0.9235. On the downside, support levels remain at 0.8940, 0.8875 and 8840.