21 Nov 2013
AUD/USD at the edge of 0.93
FXstreet.com (Chicago) - AUD/USD accumulates the most amounts of losses so far today down 0.32% for a total weekly loss of 0.64% and monthly loss at 3.61%.
Data releases
Price action reveals a strong reaction to the Australian RBA foreign exchange transaction results along the HSBC manufacturing PMI in China. At 50.4, the Asian PMI disappointed as expectations were 50.9.
AUD/USD Technical Levels
Technically speaking, the pair is offered at 0.9301 and oscillates between the supports aligned at 0.9285 (September 29th lows), 0.9252 (September 12th highs) ahead of 0.9225 (November 14th lows) and the resistances set at 0.9322 (November 11th lows), 0.9350 (November 8th lows) followed by 0.9388 (November 13th highs).
Data releases
Price action reveals a strong reaction to the Australian RBA foreign exchange transaction results along the HSBC manufacturing PMI in China. At 50.4, the Asian PMI disappointed as expectations were 50.9.
AUD/USD Technical Levels
Technically speaking, the pair is offered at 0.9301 and oscillates between the supports aligned at 0.9285 (September 29th lows), 0.9252 (September 12th highs) ahead of 0.9225 (November 14th lows) and the resistances set at 0.9322 (November 11th lows), 0.9350 (November 8th lows) followed by 0.9388 (November 13th highs).