Sep 30, 2015
AUD/USD supported on hourly 20 SMA
AUD/USD is currently trading at 0.6985 with a high of 0.7024 and a low of 0.6936. AUD/USD is settling back after a good display on the bid as markets began to turn less negative in the European session, and the major commodity currency rallied from the lows of 0.6942 up to test the vicinity of the 50 SMA on the hourly chart at 0.6997. It was breaching there to score a high of 0.7023.
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