23 Jul 2013
AUD/USD struggling above 0.9280 highs
FXstreet.com (Barcelona) - The AUD/USD foreign exchange rate is last trading at 0.9274 off recent fresh session and weekly highs at 0.9286, printed on the back of broad USD weakness, that was posting fresh session lows at the same time in the DXY index.
AUD/USD sneaking higher to test highs at 0.93
According to FXWW founder Sean Lee the AUD/USD is “Sneaking higher to test recent highs at .9300. The big level to watch in my opinion is .9325, which has provided strong resistance since it broke to downside in early June. I still think it’s wise to reduce long-profits near there just in case we get some sideways consolidation between there and .9150.”
AUD/USD key technical levels
Immediate resistance to the upside for AUD/USD shows at recent session and weekly highs 0.9286, followed by July 17 highs at 0.9293, and July 11 highs at 0.9306. To the downside, closest support lies at yesterday's highs 0.9270, followed by July 16 highs at 0.9261, and recent session lows/Friday's highs at 0.9240/36.
AUD/USD sneaking higher to test highs at 0.93
According to FXWW founder Sean Lee the AUD/USD is “Sneaking higher to test recent highs at .9300. The big level to watch in my opinion is .9325, which has provided strong resistance since it broke to downside in early June. I still think it’s wise to reduce long-profits near there just in case we get some sideways consolidation between there and .9150.”
AUD/USD key technical levels
Immediate resistance to the upside for AUD/USD shows at recent session and weekly highs 0.9286, followed by July 17 highs at 0.9293, and July 11 highs at 0.9306. To the downside, closest support lies at yesterday's highs 0.9270, followed by July 16 highs at 0.9261, and recent session lows/Friday's highs at 0.9240/36.