AUD/USD rejected by 0.8105, back to 0.8080

FXStreet (San Francisco) - The recovery of the Australian dollar from 0.8055 rose to 0.8105 against the US dollar; however, the pair found selling interest at this level and the pair is trading now back at 0.8180.

Currently, AUD/USD is trading at 0.8090, down -0.09% on the day, having posted a daily high at 0.8109 and low at 0.8035. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.

AUD/USD sentiment

If the pair extends rejection below 0.8080, it will find supports at 0.8055 and 0.8035. To the upside, resistances are at 0.8105, 0.8130 and 0.8140.