3 Sep 2013
AUD/USD surges to 1-week high
FXstreet.com (Córdoba) - The AUD/USD pushed through the 0.9050 resistance area and stretched to fresh highs as sentiment improved on robust US data.
AUD/USD propelled by US data, RBA
Despite broad USD strength, the AUD/USD took advantage of the positive data and extended gains to a high of 0.9070 during the New York session. The AUD/USD is among the best performers Tuesday, underpinned by a less dovish RBA statement overnight.
AUD/USD levels to watch
At time of writing, AUD/USD is trading at the 0.9060 zone, 0.9% above its opening price. On the upside, if AUD/USD manages to break above 0.9070, next resistances line up at 0.9100 (psychological level) and 0.9132 (Aug 20 high), while on the flip side, supports are seen at 0.900 (psychological level) and 0.8970 (daily low).
AUD/USD propelled by US data, RBA
Despite broad USD strength, the AUD/USD took advantage of the positive data and extended gains to a high of 0.9070 during the New York session. The AUD/USD is among the best performers Tuesday, underpinned by a less dovish RBA statement overnight.
AUD/USD levels to watch
At time of writing, AUD/USD is trading at the 0.9060 zone, 0.9% above its opening price. On the upside, if AUD/USD manages to break above 0.9070, next resistances line up at 0.9100 (psychological level) and 0.9132 (Aug 20 high), while on the flip side, supports are seen at 0.900 (psychological level) and 0.8970 (daily low).