AUD/USD back to 0.7675 as Dollar gives back gains

• The Aussie scraping back ground lost to the Greenback in yesterday's action.
• Aussie data providing a further boost to the AUD in the early markets.

The AUD/USD is correcting in the Asia markets ahead of the European session, trading up into 0.7675 as the Dollar retreats.

The Aussie is catching some support as the Dollar gives back some of its gains from Wednesday's march up the charts as markets rebalance ahead of the end-of-quarter and end of the fiscal year for many businesses coming up at March's end.

The AUD is being supported by Private Sector Credit figures that dropped in the early Asia session. Year-on-year figures for February's data came in at 4.9 percent, in line with the previous reading, while month-on-month numbers beat the 0.3 percent forecast to come in at 0.4 percent, a clean beat on the revised 0.2 percent previous figures.

No more macro figures remain for the Aussie this week ahead of Easter weekend, and market sentiment will be the main driver for Thursday's action.

AUD/USD Levels to watch

With the Dollar retreating, the Aussie is set to challenge resistance at yesterday's swing high near the major 0.77 handle, with major resistance at the week's high at the week's high at 0.7755, while support at yesterday's swing lows near 0.7660, with major support at the day's low of 0.7643.