17 Jul 2014
Aussie strengthens against the dollar - FXStreet
As FXStreet Chief Analyst Valeria Bednarik notes, AUD/USD has moved above 0.9370 and is approaching the 0.9400 level.
Key quotes
"The hourly chart shows indicators heading higher above their midlines and 20 SMA acting as dynamic support currently near strong static support of 0.9370."
"In the 4 hours chart a mild bullish tone is also present, with indicators aiming to cross their midlines to the upside and price above moving averages. "
Key quotes
"The hourly chart shows indicators heading higher above their midlines and 20 SMA acting as dynamic support currently near strong static support of 0.9370."
"In the 4 hours chart a mild bullish tone is also present, with indicators aiming to cross their midlines to the upside and price above moving averages. "