2 Sep 2013
AUD/USD testing the 0.9000 region
FXstreet.com (Lisbon) - The AUD/USD foreign exchange rate is presently testing the 0.9000 region Monday during US trading, notching a highly successful day thus far.
AUD/USD event risk
The week ahead certainly holds some key events for the AUD/USD, beginning with the Current Account Balance, Retail Sales, and the RBA Interest Rate decision later (Tuesday), followed by GDP data (Wednesday), and US Nonfarm payroll data on Friday.
AUD/USD technical levels
Despite trading slightly lower than its earlier peak at 0.9015, the AUD/USD is now operating at 0.8995, securing a robust gain of +0.55% above its opening. Briefing the technicals, the AUD/USD will encounter resistance at 0.8997 and 0.9035, notes the Mataf.net analyst team.
AUD/USD event risk
The week ahead certainly holds some key events for the AUD/USD, beginning with the Current Account Balance, Retail Sales, and the RBA Interest Rate decision later (Tuesday), followed by GDP data (Wednesday), and US Nonfarm payroll data on Friday.
AUD/USD technical levels
Despite trading slightly lower than its earlier peak at 0.9015, the AUD/USD is now operating at 0.8995, securing a robust gain of +0.55% above its opening. Briefing the technicals, the AUD/USD will encounter resistance at 0.8997 and 0.9035, notes the Mataf.net analyst team.