10 Jul 2014
AUD/USD consolidating the bull run
FXStreet (Guatemala) - AUD/USD is trading at 0.9410, down -0.03% on the day, having posted a daily high at 0.9415 and low at 0.9407.
AUD/USD is consolidating the run up onto the 0.94 handle post the FOMC minutes in the US session. The minutes didn’t give us anything new but they did confirm that the Fed will be leaning towards October as an end for their QE programme. Meanwhile, we shall be looking out for the jobs numbers from Australia a little later today.
AUD/USD Levels
Spot is presently trading at 0.9411, and next resistance can be seen at 0.9414 (Daily Open), 0.9415 (Daily High), 0.9422 (Daily Classic R1), 0.9426 (Yesterday's High) and 0.9443 (Weekly High). Next support to the downside can be found at 0.9407 (Daily Low), 0.9404 (Hourly 200 SMA), 0.9402 (Hourly 20 EMA), 0.9401 (Weekly Classic PP) and 0.9393 (Daily Classic PP).
AUD/USD is consolidating the run up onto the 0.94 handle post the FOMC minutes in the US session. The minutes didn’t give us anything new but they did confirm that the Fed will be leaning towards October as an end for their QE programme. Meanwhile, we shall be looking out for the jobs numbers from Australia a little later today.
AUD/USD Levels
Spot is presently trading at 0.9411, and next resistance can be seen at 0.9414 (Daily Open), 0.9415 (Daily High), 0.9422 (Daily Classic R1), 0.9426 (Yesterday's High) and 0.9443 (Weekly High). Next support to the downside can be found at 0.9407 (Daily Low), 0.9404 (Hourly 200 SMA), 0.9402 (Hourly 20 EMA), 0.9401 (Weekly Classic PP) and 0.9393 (Daily Classic PP).