9 Jul 2014
AUD/USD moving back onto 0.94 handle
FXStreet (Guatemala) - AUD/USD is trading at 0.9421, up 0.23% on the day, having posted a daily high at 0.9426 and low at 0.9382.
AUD/USD is back into positive territory and taking on the 0.94 handle once again post the release of the FOMC minutes. The minutes didn’t give anything new to work from and the bulk of it has confirmed that the Fed will be leaning towards October as an end for their QE programme. Meanwhile, at the time of writing, RSI is neutral at 68.14, up from 43.75 at the last hour close, while ADX is ranging at 14.79, up from 13.81 previous.
AUD/USD Levels
With spot trading at 0.9421, we can see next resistance ahead at 0.9422 (Daily Classic R1), 0.9426 (Daily High), 0.9443 (Weekly High), 0.9444 (Daily Classic R2) and 0.9472 (Weekly Classic R1). Support below can be found at 0.9416 (Yesterday's High), 0.9404 (Hourly 200 SMA), 0.9401 (Weekly Classic PP), 0.9400 (Daily Open) and 0.9397 (Hourly 20 EMA).
AUD/USD is back into positive territory and taking on the 0.94 handle once again post the release of the FOMC minutes. The minutes didn’t give anything new to work from and the bulk of it has confirmed that the Fed will be leaning towards October as an end for their QE programme. Meanwhile, at the time of writing, RSI is neutral at 68.14, up from 43.75 at the last hour close, while ADX is ranging at 14.79, up from 13.81 previous.
AUD/USD Levels
With spot trading at 0.9421, we can see next resistance ahead at 0.9422 (Daily Classic R1), 0.9426 (Daily High), 0.9443 (Weekly High), 0.9444 (Daily Classic R2) and 0.9472 (Weekly Classic R1). Support below can be found at 0.9416 (Yesterday's High), 0.9404 (Hourly 200 SMA), 0.9401 (Weekly Classic PP), 0.9400 (Daily Open) and 0.9397 (Hourly 20 EMA).