20 Jun 2014
AUD/USD is fighting for the place above 0.94
FXStreet (Moscow) - AUD/USD opened the day at 0.9399, but managed to post 0.9413 session high trading somewhere around at the moment.
Risk nature of Aussie
The pair is trading above 0.94, although slid lower from yesterday highs posted on broad USD weakness. However, the rising potential of the pair may be limited not only by monetary stance, or economic issues, but also due to geopolitical tensions. The Aussie is known as riskier asset, and every time the global peace is in danger the investor flows to safe heavens may put the currency under pressure. The initial target to the upside may stand at 0.9424, while the downside is defended by 0.9381.
What are today’s key AUD/USD levels?
Today's central pivot point can be found at 0.9407, with support below at 0.9381, 0.9364 and 0.9338, with resistance above at 0.9424, 0.9450 and 0.9467. Hourly Moving Averages are bullish, with the 200SMA at 0.9381 and the daily 20EMA is bullish at 0.9350. Hourly RSI is bullish at 54.
Risk nature of Aussie
The pair is trading above 0.94, although slid lower from yesterday highs posted on broad USD weakness. However, the rising potential of the pair may be limited not only by monetary stance, or economic issues, but also due to geopolitical tensions. The Aussie is known as riskier asset, and every time the global peace is in danger the investor flows to safe heavens may put the currency under pressure. The initial target to the upside may stand at 0.9424, while the downside is defended by 0.9381.
What are today’s key AUD/USD levels?
Today's central pivot point can be found at 0.9407, with support below at 0.9381, 0.9364 and 0.9338, with resistance above at 0.9424, 0.9450 and 0.9467. Hourly Moving Averages are bullish, with the 200SMA at 0.9381 and the daily 20EMA is bullish at 0.9350. Hourly RSI is bullish at 54.