12 Jul 2013
AUD/USD defending 0.9130 support
FXstreet.com (Barcelona) - The AUD/USD foreign exchange rate is last quoted at 0.9175, little changed so far since NY close, off recent session lows at 0.9133, helped on not that bad domestic home loans data.
AUD/USD helped on broad USD weakness
The AUD/USD has recently moved higher from fresh session lows on the back of broad USD weakness, and helped on Australian home loans for the month of May rising +1.8%, above the +1.2% of previous month, but still below expectations of +2.3%. Local stock index ASX is up +0.59%, beating most of rivals in the region.
AUD/USD key technical levels
Immediate resistance to the upside for AUD/USD shows at recent session highs 0.9194, followed by Wednesday's London session highs at 0.9235, and yesterday's fresh 2-week highs at 0.9306. To the downside, closest support lies at recent session lows 0.9132, followed by yesterday's lows at 0.9117, and Wednesday's lows at 0.9092.
AUD/USD helped on broad USD weakness
The AUD/USD has recently moved higher from fresh session lows on the back of broad USD weakness, and helped on Australian home loans for the month of May rising +1.8%, above the +1.2% of previous month, but still below expectations of +2.3%. Local stock index ASX is up +0.59%, beating most of rivals in the region.
AUD/USD key technical levels
Immediate resistance to the upside for AUD/USD shows at recent session highs 0.9194, followed by Wednesday's London session highs at 0.9235, and yesterday's fresh 2-week highs at 0.9306. To the downside, closest support lies at recent session lows 0.9132, followed by yesterday's lows at 0.9117, and Wednesday's lows at 0.9092.