28 Jul 2014
AUD/USD's recovery finds resistance at 0.9410
FXStreet (San Francisco) - The AUD/USD traded on recovery mode from daily lows around 0.9380 to test highs above 0.9400. However the pair found selling interest around 0.9415 and now it is pricing back at 0.9405.
Currently, AUD/USD is trading at 0.9406, up 0.13% on the day, having posted a daily high at 0.9416 and low at 0.9383. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.
AUD/USD levels
If the pair holds the 0.9400 area, it would face next resistance at 0.9415, ahead of 0.9425 an 0.940. On the downside, supports are at 0.9380, 0.9360 and 0.9330.
Currently, AUD/USD is trading at 0.9406, up 0.13% on the day, having posted a daily high at 0.9416 and low at 0.9383. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.
AUD/USD levels
If the pair holds the 0.9400 area, it would face next resistance at 0.9415, ahead of 0.9425 an 0.940. On the downside, supports are at 0.9380, 0.9360 and 0.9330.