29 Apr 2014
AUD/USD jumps above 0.9275
FXStreet (San Francisco) - The Aussie is extending its advance against the US Dollar as the pair entered into the American session with bullish tone on risk-on mode.
The AUD/USD jumped around 25 pips from 0.9260 to break above the 0.9275 and to price at daily highs at 0.9285. Currently, AUD/USD is trading at 0.9274, up 0.21% on the day, having posted a daily high at 0.9285 and low at 0.9227.
The FXStreet OB/OS Index is reflecting overbought hourly conditions, while the FXStreet Trend Index is slightly bullish.
US consumer confidence was just released with a decline to 82.3 in April from revised 83.9 in March; number was below 83.0 expected but it means the US confidence remains at highs since 2008.
AUD/USD levels
There are sell orders seen at 0.9275/82 and 0.9310/20 with large buy stops at 0.9380. On the downside, buy orders are at 0.9205/15 and 0.9150/60.
The AUD/USD jumped around 25 pips from 0.9260 to break above the 0.9275 and to price at daily highs at 0.9285. Currently, AUD/USD is trading at 0.9274, up 0.21% on the day, having posted a daily high at 0.9285 and low at 0.9227.
The FXStreet OB/OS Index is reflecting overbought hourly conditions, while the FXStreet Trend Index is slightly bullish.
US consumer confidence was just released with a decline to 82.3 in April from revised 83.9 in March; number was below 83.0 expected but it means the US confidence remains at highs since 2008.
AUD/USD levels
There are sell orders seen at 0.9275/82 and 0.9310/20 with large buy stops at 0.9380. On the downside, buy orders are at 0.9205/15 and 0.9150/60.