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Dec 15, 2015
EUR/USD finds support at 1.0900
EUR/USD reached earlier at 1.1060 the highest level since October and then started to move to the downside, accelerating during the American session. The decline appears to have found support around 1.0900.
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Dec 15, 2015
AUD/USD: consolidating at key support, 4hr 200 SMA
AUD/USD is currently trading at 0.7190 with a high of 0.7283 and a low of 0.7160. AUD/USD has recovered 20 pips or so on the strong level support mentioned earlier and described below, despite the string sell-off when the Aussie succumbed to the pressures ahead of the FOMC tomorrow and while the greenback has been gathering momentum on the latest CPI measures giving the Fed a platform for lift-off tomorrow vs the RBA who are content.
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