9 Jul 2013
AUD/USD eases to session lows ahead of China CPI
FXstreet.com (Barcelona) - The AUD/USD foreign exchange rate is last easing to fresh session lows at 0.9117, off recent session highs at 0.9142, on the back of a broad USD strength move seen as soon as Tokyo opened doors.
AUD/USD higher while above 0.9120
A little more than 1 hour away from key data out at 01:30 GMT, the AUD/USD “hourly chart shows price pressuring higher despite indicators look a bit exhausted and pointing for a correction lower, although as long as above 0.9120, chances remain to the upside with a break above 0.9180 pointing for a rally towards 0.9210,” said Valeria Bednarik, Chief Analyst at Fxstreet.com
AUD/USD key bid/ask levels
As Forexlive editor Eamonn Sheridan notes, offers in AUD/USD are seen at “0.9185 through to 0.9205, 0.9150/55 with stops loss buying above here, but mixed with sellers, and 0.9140.” Bids are located at “0.9085/95, 0.9035/45 and “from 0.9015 down through 0.9000 (barrier option-related buying ahead of 0.9000.)”
AUD/USD higher while above 0.9120
A little more than 1 hour away from key data out at 01:30 GMT, the AUD/USD “hourly chart shows price pressuring higher despite indicators look a bit exhausted and pointing for a correction lower, although as long as above 0.9120, chances remain to the upside with a break above 0.9180 pointing for a rally towards 0.9210,” said Valeria Bednarik, Chief Analyst at Fxstreet.com
AUD/USD key bid/ask levels
As Forexlive editor Eamonn Sheridan notes, offers in AUD/USD are seen at “0.9185 through to 0.9205, 0.9150/55 with stops loss buying above here, but mixed with sellers, and 0.9140.” Bids are located at “0.9085/95, 0.9035/45 and “from 0.9015 down through 0.9000 (barrier option-related buying ahead of 0.9000.)”