20 Mar 2014
AUD/USD drifting on the bid
FXStreet (Guatemala) - AUD/USD hasn’t reacted too greatly to the US data releases and remains on the bid on 0.9030 currently.
The Philly Fed has surged to 9 in March while existing home sales fell 0.4%. The AUD has been able to score back some points after a number of Chinese factors that are proving to be problematic for the Aussie.
AUD/USD levels
The 20 DMA is 0.9011, the 50 DMA is 0.8939, the 200 DMA is 0.9147. RSI (14) reads 53.27. Supports are ascending from 0.8821, 0.8891, 0.8923 and 0.8990. Spot is 0.9030 while resistances are 0.9095, 0.9138, 0.9169 and 0.9204.
The Philly Fed has surged to 9 in March while existing home sales fell 0.4%. The AUD has been able to score back some points after a number of Chinese factors that are proving to be problematic for the Aussie.
AUD/USD levels
The 20 DMA is 0.9011, the 50 DMA is 0.8939, the 200 DMA is 0.9147. RSI (14) reads 53.27. Supports are ascending from 0.8821, 0.8891, 0.8923 and 0.8990. Spot is 0.9030 while resistances are 0.9095, 0.9138, 0.9169 and 0.9204.