AUD/USD rises as US and Iran reach ceasefire deal
The AUD/USD pair advanced during the North American session, up by 0.70%.
The pair trades at 0.7167 after bouncing off daily lows near 0.7150.
The Relative Strength Index indicates neutral to bullish momentum, which could lead to further upside.
A breach of the 0.7200 level could expose the May 6 daily high at 0.7277.