AUD/USD falls to 0.9045

FXstreet.com (San Francisco) - The Australian Dollar is trading under pressure against the USD right now with the pair extending declines from Tuesday's highs at 0.9165 to trade below 0.9100 and test intraweek lows at 0.9045.

Currently the AUD/USD is trading at 0.9060, 1.05% negative on the day. The short term perspective is slightly bearish according to the FXstreet.com trend index in the 1-hour chart. MACD, CCI and Momentum are pointing to the south while the Stochastic is bullish.

AUD/USD levels:

Below 0.9050, the AUD/USD would face supports at 0.8900 and 0.8985. On the upside, resistances are at 0.9075, 0.9090 and 0.9115.

EURGBP retaining 0.8420

EUR/GBP has leaped higher and pushed through in the 0.84 handle while Sterling is unwinding across the board.
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