AUD/USD eyes 0.9100

FXstreet.com (Barcelona) - AUD/USD is climbing to test 0.9100 the figure. AUD/USD has been bid throughout the session today, but it’s been another day without any macro developments on the calendar and the market awaits a stronger signal from the FOMC minutes tomorrow, and Jackson Hole Conference starting Thursday, said research teams at TD Securities. They continued to say the USD’s middle-of-the-pack performance among the G10 currencies shows that the ‘risk off’ tone is not entirely pervasive, and overall, the majors still appear to be somewhat range-y despite the greater volatility that we’ve seen recently…RBA minutes leaving the door open for further accommodation (see over for details), weighing on the AUD.

AUD/USD on the bid

AUD/USd is bid and the 20 dma 0.9095, 5 dma is 0.9188 and the 200 dma is 1.0012. RSI (14) reads 48 while supports are ascending from .8907 .8938 .8972 .9006. Spot is currently .9094 and resistances are .9133 .9157 .9193 .9234.