16 Sep 2014
AUD/USD minutes beating same tune
FXStreet (Guatemala) - AUD/USD is trading at 0.9049, having posted a daily high at 0.9056 and low at 0.9025.
AUD/USD maintains the mid point of the handle post the release of the minutes from the RBA that is beating the same tune yet again and remain quite balanced. The pair is bid but has been held up potentially on the back of a surge in the greenback as markets may be taking profits out of the recent strength ahead of the FOMC later this week.
.
AUD/USD hourly levels
Current price is 0.9049, with resistance ahead at 0.9052, 0.9060 (Daily Classic PP) and 0.9089 (Daily Classic R1). Next support to the downside can be found at 0.9030, 0.9025 (Hourly 20 EMA), 0.9008 (Daily Classic S1) and 0.8984 (Daily Low).
AUD/USD maintains the mid point of the handle post the release of the minutes from the RBA that is beating the same tune yet again and remain quite balanced. The pair is bid but has been held up potentially on the back of a surge in the greenback as markets may be taking profits out of the recent strength ahead of the FOMC later this week.
.
AUD/USD hourly levels
Current price is 0.9049, with resistance ahead at 0.9052, 0.9060 (Daily Classic PP) and 0.9089 (Daily Classic R1). Next support to the downside can be found at 0.9030, 0.9025 (Hourly 20 EMA), 0.9008 (Daily Classic S1) and 0.8984 (Daily Low).