26 Mar 2015
AUD/USD extends decline to 0.7810
FXStreet (Tokyo) - The Australian dollar is in its way to test daily lows at 0.7800 against the American dollar as the pair is enjoying the USD strengthening. AUD/USD is down for the third day.
After falling around 70 pips from 0.7800, the AUD/USD is now testing the 0.7810 area. Currently, AUD/USD is trading at 0.7820, down 0.30% on the day, having posted a daily high at 0.7886 and low at 0.7801.
The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish.
AUD/USD levels
If the AUD/USD manages to break below the 0.7800 level, it will find supports at 0.7780 and 0.7760. To the upside, 0.7850, 0.7880 and 0.7900 are resistances.
After falling around 70 pips from 0.7800, the AUD/USD is now testing the 0.7810 area. Currently, AUD/USD is trading at 0.7820, down 0.30% on the day, having posted a daily high at 0.7886 and low at 0.7801.
The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish.
AUD/USD levels
If the AUD/USD manages to break below the 0.7800 level, it will find supports at 0.7780 and 0.7760. To the upside, 0.7850, 0.7880 and 0.7900 are resistances.