24 Jun 2015
AUD/USD bounces from below 0.7700
FXStreet (Córdoba) - AUD/USD fell further during the American session dragged by broad greenback strength, but managed to find support a few pips ahead of yesterday’s lows.
AUD/USD was rejected by the 0.7770 area and dropped nearly a full cent before finding an interim bottom of 0.7682. The Aussie has managed to recover some ground over the last minutes and climbed back above 0.7700. At time of writing, the pair is trading at 0.7705, still 0.37% below its opening price.
AUD/USD key levels
As for technical levels, AUD/USD could find immediate supports at 0.7679 (Jun 23 low), 0.7645 (Jun 17 low) and the 0.7598/0.7603 zone (Jun 5 & 8 lows). On the other hand, resistances are seen at 0.7747 (10-day SMA), 0.7770/73 (Jun 24 high/100-day SMA), and 0.7800 (psychological level).
AUD/USD was rejected by the 0.7770 area and dropped nearly a full cent before finding an interim bottom of 0.7682. The Aussie has managed to recover some ground over the last minutes and climbed back above 0.7700. At time of writing, the pair is trading at 0.7705, still 0.37% below its opening price.
AUD/USD key levels
As for technical levels, AUD/USD could find immediate supports at 0.7679 (Jun 23 low), 0.7645 (Jun 17 low) and the 0.7598/0.7603 zone (Jun 5 & 8 lows). On the other hand, resistances are seen at 0.7747 (10-day SMA), 0.7770/73 (Jun 24 high/100-day SMA), and 0.7800 (psychological level).