22 Oct 2013
AUD/USD finding supply at high 0.9714
FXstreet.com (London) - AUD/USD has found some supply interest with momentum slowing at 0.9714 the high.
Commodity currencies were rallying ahead of the Non Farm Payrolls number, hoping the outcome would neither be too weak or too strong. However the move higher from 0.9670 in AUD/USD was accelerated when the NFP’s came in much worse than expected at 148k vs 180k consensus.
AUD/USD Levels
The 20 DMA is 0.9469, the 50 DMA is 0.9291 and the 200 DMA is 0.9753. RSI (14) reads 56.63. Supports are ascending from 0.9564, 0.9604, 0.9625, 0.9643, 0.9649 and 0.9680. Sot is currently 0.9703 while resistances are 0.9710 and 0.9765.
Commodity currencies were rallying ahead of the Non Farm Payrolls number, hoping the outcome would neither be too weak or too strong. However the move higher from 0.9670 in AUD/USD was accelerated when the NFP’s came in much worse than expected at 148k vs 180k consensus.
AUD/USD Levels
The 20 DMA is 0.9469, the 50 DMA is 0.9291 and the 200 DMA is 0.9753. RSI (14) reads 56.63. Supports are ascending from 0.9564, 0.9604, 0.9625, 0.9643, 0.9649 and 0.9680. Sot is currently 0.9703 while resistances are 0.9710 and 0.9765.