24 Jul 2014
AUD/USD bears find some comfort
FXStreet (Guatemala) - AUD/USD is trading at 0.9445, down -0.12% on the day, having posted a daily high at 0.9460 and low at 0.9438.
AUD/USD bears are being along a little by the sell off in the NZD post the RBNZ that have told markets that its time to slow down on the one directional interest rate policy. AUD/USD has popped down into less positive territory after posting this weeks high when heading towards daily highs.
AUD/USD Levels
With spot trading at 0.9445, we can see next resistance ahead at 0.9456 (Weekly High), 0.9460 (Daily High) and (Weekly Classic R2). Support below can be found at 0.9439 (Hourly 20 EMA), 0.9428 (Weekly Classic R1), and 0.9393 (Hourly 100 SMA).
AUD/USD bears are being along a little by the sell off in the NZD post the RBNZ that have told markets that its time to slow down on the one directional interest rate policy. AUD/USD has popped down into less positive territory after posting this weeks high when heading towards daily highs.
AUD/USD Levels
With spot trading at 0.9445, we can see next resistance ahead at 0.9456 (Weekly High), 0.9460 (Daily High) and (Weekly Classic R2). Support below can be found at 0.9439 (Hourly 20 EMA), 0.9428 (Weekly Classic R1), and 0.9393 (Hourly 100 SMA).