The Australian dollar has continued to rise on Thursday, despite the greenback regaining some ground after better than expected economic data from private firms showed the U.S. added 246,000 jobs in January.
At the Asian market open the local unit was trading at 75.86 U.S. cents, up from 75.67 U.S. cents on Wednesday.
"AUD/USD has found support (the session range being $0.7596 to $0.7551) and eyeing a break of the 24 January high of $0.7609 - A break of this level becomes very interesting indeed as it takes price into $0.7700 where the market has such strong conviction in longer-term short position," IG chief market strategist Chris Weston told investors.
At 09:10 (AEDT) the Australian dollar was trading at 75.85 U.S. cents.
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