13 Nov 2013
AUD/USD flirting with 09330 resistance
FXstreet.com (Chicago) - AUD/USD sustains gains ahead of data releases in the US accumulating 0.24% daily gains so far on attempt to wipe out the 0.65% weekly losses.
AUD/USD Technical Levels
Price action reveals the pair flirts with immediate resistance maintaining performance and pips gained throughout the day. Offered at 0.9324, the pair oscillates between the supports aligned at 0.9283 (September 11th lows), 0.9248 (September 14th highs) ahead of 0.9225 (September 28th lows) and the resistances set at 0.9330 (November 11th lows), 0.9365 (November 8th lows) followed by 0.9391 (November 8th highs). According to the FXstreet.com trend index, the pair is slightly bullish on one-hour timeframe analysis and navigates above the EMA20.
AUD/USD Technical Levels
Price action reveals the pair flirts with immediate resistance maintaining performance and pips gained throughout the day. Offered at 0.9324, the pair oscillates between the supports aligned at 0.9283 (September 11th lows), 0.9248 (September 14th highs) ahead of 0.9225 (September 28th lows) and the resistances set at 0.9330 (November 11th lows), 0.9365 (November 8th lows) followed by 0.9391 (November 8th highs). According to the FXstreet.com trend index, the pair is slightly bullish on one-hour timeframe analysis and navigates above the EMA20.