2 Dec 2013
AUD/USD struggling around 0.9100
FXstreet.com (Córdoba) - The AUD/USD is struggling around 0.9100 at the beginning of the New York session, after being rejected from a high of 0.9167.
The AUD/USD has been steadily declining from highs over the European and American sessions and recently printed a low of 0.9097 weighed by a strong US ISM manufacturing PMI. However, the Aussie managed to bounce and at time of writing it is trading at the 0.9110 zone, virtually unchanged since opening.
AUD/USD technical levels
In terms of technical levels, the AUD/USD could find immediate resistances at 0.9167 (daily high) and 0.9200 (psychological level), while supports are seen at 0.9097 (daily low), 0.9065 (Nov 27 low) and 0.9055 (Nov 29 low).
The AUD/USD has been steadily declining from highs over the European and American sessions and recently printed a low of 0.9097 weighed by a strong US ISM manufacturing PMI. However, the Aussie managed to bounce and at time of writing it is trading at the 0.9110 zone, virtually unchanged since opening.
AUD/USD technical levels
In terms of technical levels, the AUD/USD could find immediate resistances at 0.9167 (daily high) and 0.9200 (psychological level), while supports are seen at 0.9097 (daily low), 0.9065 (Nov 27 low) and 0.9055 (Nov 29 low).