9 Oct 2014
AUD/USD extends decline below 0.8775
FXStreet (San Francisco) - The Aussie's sell off from 0.8900 area is now pricing below 0.8775 at intra-day lows around 0.8760 after completing a 135-pip downside trip.
Currently, AUD/USD is trading at 0.8774, down 0.76% on the day, having posted a daily high at 0.8901 and low at 0.8765. AUD/USD spot is in oversold territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
AUD/USD levels
If the pair recovers successfully the 0.8750, it will face resistances at 0.8790, 0.8825 and 0.8850. On the downside, supports are at 0.8760, 0.8750 and 0.8730.
Currently, AUD/USD is trading at 0.8774, down 0.76% on the day, having posted a daily high at 0.8901 and low at 0.8765. AUD/USD spot is in oversold territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
AUD/USD levels
If the pair recovers successfully the 0.8750, it will face resistances at 0.8790, 0.8825 and 0.8850. On the downside, supports are at 0.8760, 0.8750 and 0.8730.