14 Jul 2014
AUD/USD confined to a tight range around 0.9400 - FXStreet
FXStreet (Łódź) - FXStreet Chief Analyst Valeria Bednarik observes that AUD/USD has shown little progress over the past two sessions, confined to a tight range around the 0.9400 figure.
Key quotes
"That leaves the hourly chart with a clear neutral technical stance."
"In the 4 hours chart a mild positive tone is present albeit technical readings lack enough momentum to confirm more intraday gains at the time being."
"Price needs either to accelerate above 0.9420 or below 0.9370 to get more attention from investors today."
Key quotes
"That leaves the hourly chart with a clear neutral technical stance."
"In the 4 hours chart a mild positive tone is present albeit technical readings lack enough momentum to confirm more intraday gains at the time being."
"Price needs either to accelerate above 0.9420 or below 0.9370 to get more attention from investors today."