8 Jul 2014
AUD/USD speeding up the ascent towards 0.9400
FXStreet (Guatemala) - AUD/USD is trading at 0.9379, up 0.08% on the day, having posted a daily high at 0.9385 and low at 0.9366.
AUD/USD has popped up on the data to test the waters on higher ground and break up from of the slow grinding and rising channel. Looking to momentum indicators, the hourly 200 SMA is currently at 0.9360, down from the last close at 0.9406 and declining. Daily RSI sits at 49.32, in neutral territory.
AUD/USD Levels
Current price is 0.9380, with resistance ahead at 0.9385 (Daily High), 0.9387 (Daily Classic R1), 0.9388 (Daily 20 SMA), 0.9391 (Hourly 100 SMA) and 0.9401 (Weekly Classic PP). Next support to the downside can be found at 0.9378 (Yesterday's High), 0.9374 (Daily Open), 0.9369 (Hourly 20 EMA), 0.9366 (Daily Low) and 0.9363 (Daily Classic PP).
AUD/USD has popped up on the data to test the waters on higher ground and break up from of the slow grinding and rising channel. Looking to momentum indicators, the hourly 200 SMA is currently at 0.9360, down from the last close at 0.9406 and declining. Daily RSI sits at 49.32, in neutral territory.
AUD/USD Levels
Current price is 0.9380, with resistance ahead at 0.9385 (Daily High), 0.9387 (Daily Classic R1), 0.9388 (Daily 20 SMA), 0.9391 (Hourly 100 SMA) and 0.9401 (Weekly Classic PP). Next support to the downside can be found at 0.9378 (Yesterday's High), 0.9374 (Daily Open), 0.9369 (Hourly 20 EMA), 0.9366 (Daily Low) and 0.9363 (Daily Classic PP).