1 Aug 2013
AUD/USD at fresh 3-year lows
FXstreet.com (Córdoba) - The AUD/USD made yet another multi-year low during the New York session as the greenback was boosted by better-than-expected US data.
AUD/USD nears 0.8900
AUD/USD extended losses into a fourth day on Thursday and broke below the 0.8920 support area to score a fresh 3-year low of 0.8906 most recently in the wake of strong US ISM manufacturing data for July.
AUD/USD technical levels
At time of writing, AUD/USD is trading at the 0.8915 zone, where it records a 0.7% decline on the day. In terms of technical levels, if AUD/USD loses the 0.8900 mark, next supports could be found at 0.8860 (Aug 31 2010 low) and 0.8800 (psychological level), while resistances are now seen at 0.8990 (daily high) and 0.9050.
AUD/USD nears 0.8900
AUD/USD extended losses into a fourth day on Thursday and broke below the 0.8920 support area to score a fresh 3-year low of 0.8906 most recently in the wake of strong US ISM manufacturing data for July.
AUD/USD technical levels
At time of writing, AUD/USD is trading at the 0.8915 zone, where it records a 0.7% decline on the day. In terms of technical levels, if AUD/USD loses the 0.8900 mark, next supports could be found at 0.8860 (Aug 31 2010 low) and 0.8800 (psychological level), while resistances are now seen at 0.8990 (daily high) and 0.9050.