18 Jun 2015
AUD/USD failed at 0.7850; back below 0.7800
FXStreet (Barranquilla) - The Australian Dollar failed to extend its advance against the US Dollar in the American session as the AUD/USD rally from 0.7715 was capped at 0.7850 where the pair found a selling interest that sent it back below 0.7800.
The USD is trading in recovery mode following better than expected data in the Philly Fed Manufacturing index and the CB Leading Indicators.
Currently, AUD/USD is trading at 0.7799, up 0.66% on the day, having posted a daily high at 0.7851 and low at 0.7710. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish.
AUD/USD levels
If the pair extends decline beyond 0.7800, it will find supports at 0.7770 and 0.7715. To the upside, resistances are at 0.7850, 0.7870 and 0.7900.
The USD is trading in recovery mode following better than expected data in the Philly Fed Manufacturing index and the CB Leading Indicators.
Currently, AUD/USD is trading at 0.7799, up 0.66% on the day, having posted a daily high at 0.7851 and low at 0.7710. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish.
AUD/USD levels
If the pair extends decline beyond 0.7800, it will find supports at 0.7770 and 0.7715. To the upside, resistances are at 0.7850, 0.7870 and 0.7900.