27 Jul 2013
AUD/USD recovery stopped by 0.9275 resistance
FXstreet.com (Chicago) - AUD/USD was held by strong 0.9275 resistance at closing of Friday’s trading session.
Price action indicated a steady recovery as Aussie continued to advance against the greenback. Bouncing from 0.9220, the recovery was short-lived despite steep jump from intraday lows. FXstreet technical studies reported pair as slightly bullish with closing around 0.9265, oscillating between key support at 0.9187 and key resistance at 0.9342.
Price action indicated a steady recovery as Aussie continued to advance against the greenback. Bouncing from 0.9220, the recovery was short-lived despite steep jump from intraday lows. FXstreet technical studies reported pair as slightly bullish with closing around 0.9265, oscillating between key support at 0.9187 and key resistance at 0.9342.