23 Dec 2013
AUD/USD: Maintains some upward momentum towards USD0.8950
FXstreet.com (London) - AUD/USD remains bullish towards USD89.50 on profit taking.
The pair declined to lows at USD88.38 on Thursday before a steady recovery on profit taking of shirt Aussie dollar positions.
The pair had been range-bound between USD0.8935-USD0.8947 before breaking down to USD0.8934. The pair remains up 0.11 percent on the session with potential for further upside.
The pair declined to lows at USD88.38 on Thursday before a steady recovery on profit taking of shirt Aussie dollar positions.
The pair had been range-bound between USD0.8935-USD0.8947 before breaking down to USD0.8934. The pair remains up 0.11 percent on the session with potential for further upside.