23 Jun 2014
AUD/USD virtually unchanged despite high China PMI’s
FXStreet (Guatemala) - AUD/USD is trading at 0.9422, up 0.36% on the day, having posted a daily high at 0.9430 and low at 0.9371.
Despite the highest reading in the Chinese HSBC Manufacturing PMI seen in 7 months, AUD/USD is virtually unchanged in a 5 pip range with the results that came at 50.8 vs 49.7 exp and 49.4 last. However currently short term RSI is at 73.29, up from the last hourly print at 48.3 and the ADX is at 16.20, down from its previous close at 25.67. Daily RSI sits at 56.44, in neutral territory.
AUD/USD Levels
Spot is presently trading at 0.9417, and next resistance can be seen at 0.9428 (Monthly High), 0.9428 (YTD High), 0.9430 (Daily High), 0.9433 (Daily Classic R2) and 0.9441 (Weekly Classic R1). Support below can be found at 0.9417 (Yesterday's High), 0.9411 (Daily Classic R1), 0.9408 (Weekly High), 0.9394 (Daily Classic PP) and 0.9392 (Hourly 20 EMA).
Despite the highest reading in the Chinese HSBC Manufacturing PMI seen in 7 months, AUD/USD is virtually unchanged in a 5 pip range with the results that came at 50.8 vs 49.7 exp and 49.4 last. However currently short term RSI is at 73.29, up from the last hourly print at 48.3 and the ADX is at 16.20, down from its previous close at 25.67. Daily RSI sits at 56.44, in neutral territory.
AUD/USD Levels
Spot is presently trading at 0.9417, and next resistance can be seen at 0.9428 (Monthly High), 0.9428 (YTD High), 0.9430 (Daily High), 0.9433 (Daily Classic R2) and 0.9441 (Weekly Classic R1). Support below can be found at 0.9417 (Yesterday's High), 0.9411 (Daily Classic R1), 0.9408 (Weekly High), 0.9394 (Daily Classic PP) and 0.9392 (Hourly 20 EMA).