19 Dec 2014
AUD/USD bounces off 0.8150 and tests 0.8190
FXStreet (San Francisco) - After falling from 0.8175 to test the 0.8150, the AUD/USD found a buying interest at this level that sent it to test daily highs at 0.8190.
Currently, AUD/USD is trading at 0.8184, up 0.18% on the day, having posted a daily high at 0.8190 and low at 0.8154. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.
AUD/USD sentiment
According to Adam Button from ForexLive, "the Australian dollar struggled in several tests of 0.8200 and has drifted down to 0.8148. The orderboard is thin until the post-FOMC lows at 0.8117 and 0.8107 with stronger bids at 0.8100. Sellers at 0.8203."
As for the short term, if the pair extends gains above 0.8190, next resistances are at 0.8200 and 0.8235. To the downside, supports are at 0.8150, 0.8140 and 0.8105.
Currently, AUD/USD is trading at 0.8184, up 0.18% on the day, having posted a daily high at 0.8190 and low at 0.8154. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.
AUD/USD sentiment
According to Adam Button from ForexLive, "the Australian dollar struggled in several tests of 0.8200 and has drifted down to 0.8148. The orderboard is thin until the post-FOMC lows at 0.8117 and 0.8107 with stronger bids at 0.8100. Sellers at 0.8203."
As for the short term, if the pair extends gains above 0.8190, next resistances are at 0.8200 and 0.8235. To the downside, supports are at 0.8150, 0.8140 and 0.8105.