AUD/USD's recovery capped at 0.9130

FXStreet (San Francisco) - The Aussie's advance from 0.9050 against the Greenback found resistance at 0.9130 where the pair wasn't able to break above but rejected it. Then, the AUD/USD was launched to price at 0.9110.

The AUSD/USD is currently trading at 0.9118, 0.41% positive on the day. The short term perspective remains slightly bullish according to the FXStreet trend index in the 15-minute chart. Indicators however are pretty mixed with Momentum pointing to the north while CCI is bearish but Stochastic and MACD are neutral.

AUD/USD levels

Above the 0.9130, the AUD/USD would face resistances at 0.9135, 0.9145 and 0.9165. On the downside, supports are at 0.9100, 0.9050 and 0.9005.

GBP/USD eases lower from 1.6500 test

Having spent the day in and around the 1.6500 mark, GBP/USD has declined to where it is presently trading at 1.6478, down -0.06% on the day.
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EUR/USD: Did we over-react last week? - FXStreet

Goncalo Moreira CMT, FXStreet Technical Analyst comments that EUR/USD closed last week with a negative close-to-close performance of -0.85% (-118 pips), the largest weekly performance seen in six weeks.
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