10 Dec 2013
AUD/USD sub 0.91 post Fed talk
FXstreet.com (London) - AUD/USD is sub 0.91 the handle still with a low of 0.9075 and a high of 0.9117. There is little movement on the session so far despite Australian data has been released.
Australia Home Loans for October came in as expected in line at 1.0% while National Australia Bank's Business Confidence (Nov) printed 5, all in all having very little effect on the pair. The dollar is overall slightly firmer post Fed speak from the hawks Lacker and Fisher (further stimulus should have limited impact, time to start unwinding QE).
AUD/USD Levels
The 20 DMA is 0.9213, the 50 DMA is 0.9386 and the 200 DMA is 0.9581. RSI (14) reads 60.27. Supports are ascending from 0.9021, 0.9042 and 0.9059. Spot is 0.9096 while resistances are 0.9105, 0.9147, 0.9169, 0.9204 and 0.9260.
Australia Home Loans for October came in as expected in line at 1.0% while National Australia Bank's Business Confidence (Nov) printed 5, all in all having very little effect on the pair. The dollar is overall slightly firmer post Fed speak from the hawks Lacker and Fisher (further stimulus should have limited impact, time to start unwinding QE).
AUD/USD Levels
The 20 DMA is 0.9213, the 50 DMA is 0.9386 and the 200 DMA is 0.9581. RSI (14) reads 60.27. Supports are ascending from 0.9021, 0.9042 and 0.9059. Spot is 0.9096 while resistances are 0.9105, 0.9147, 0.9169, 0.9204 and 0.9260.