4 Jul 2013
AUD/USD jumps on RBA Lowe's comments
FXstreet.com (Barcelona) - The AUD/USD foreign exchange rate is last trading at 0.9117 off recent session highs at 0.9133 from session lows at 0.9073 spiking suddenly on the back of RBA deputy governor Lowe's comments.
RBA Stevens words misinterpreted
Even though Forexlive reports earlier in the session about possibility of RBA Stevens comments being misinterpreted yesterday, latest Lowe's appearance has finally set the stage for the buying rush.
AUD/USD key technical levels
Immediate resistance to the upside for AUD/USD shows at recent session highs/Tuesday's lows 0.9130, followed by yesterday's highs at 0.9190, and June 24 lows at 0.9147. To the downside, closest support lies at Monday's lows 0.9105, followed by recent session lows at 0.9072, and London session lows at 0.9052.
RBA Stevens words misinterpreted
Even though Forexlive reports earlier in the session about possibility of RBA Stevens comments being misinterpreted yesterday, latest Lowe's appearance has finally set the stage for the buying rush.
AUD/USD key technical levels
Immediate resistance to the upside for AUD/USD shows at recent session highs/Tuesday's lows 0.9130, followed by yesterday's highs at 0.9190, and June 24 lows at 0.9147. To the downside, closest support lies at Monday's lows 0.9105, followed by recent session lows at 0.9072, and London session lows at 0.9052.