10 Apr 2014
AUD/USD smashes 0.94 post positive Australian jobs data
FXStreet (Guatemala) - Currently, AUD/USD is trading at 0.9434, up 0.48% on the day, having posted a daily high at 0.9437 and low at 0.9371.
AUD/USD shot up post a series of bullish data from the Australian economy. However, AUD/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is strongly bullish. RSI is in neutral territory at 58.74, down from it’s last hourly close at 58.94, while ADX is ranging above 30 at 17.37, up from 15.71 at the last hourly close.
AUD/USD Levels (Doji 4-hour candlestick)
Current price is 0.9431, with resistance ahead at 0.9435 (Daily High), 0.9438 (Weekly Classic R3), 0.9442 (Daily Classic R2), 0.9484 (Daily Classic R3) and 1.0545 (Annual High). Next support to the downside can be found at 0.9417 (Daily Classic R1), 0.9401 (Yesterday's High), 0.9391 (Daily Open), 0.9391 (Monthly High) and 0.9391 (Weekly High). Looking at price patterns, we can see a Doji 4-hour candlestick formation.
AUD/USD shot up post a series of bullish data from the Australian economy. However, AUD/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is strongly bullish. RSI is in neutral territory at 58.74, down from it’s last hourly close at 58.94, while ADX is ranging above 30 at 17.37, up from 15.71 at the last hourly close.
AUD/USD Levels (Doji 4-hour candlestick)
Current price is 0.9431, with resistance ahead at 0.9435 (Daily High), 0.9438 (Weekly Classic R3), 0.9442 (Daily Classic R2), 0.9484 (Daily Classic R3) and 1.0545 (Annual High). Next support to the downside can be found at 0.9417 (Daily Classic R1), 0.9401 (Yesterday's High), 0.9391 (Daily Open), 0.9391 (Monthly High) and 0.9391 (Weekly High). Looking at price patterns, we can see a Doji 4-hour candlestick formation.