26 Mar 2014
AUD/USD celebrates 4-month high on Stevens’ silence
FXStreet (Moscow) - AUD/USD got the needed impulse from Stevens and goes on rising reaching 0.9198 high by the moment.
New highs in store
Glenn Stevens gave the pair enough impulse to reach the highs haven’t seen from November, 2013. Although he didn’t say anything encouraging about the currency, he skipped the comments on historically high levels of the Aussy. This was anouth to trigger broad demand on AUD/USD, and bring the pair to 4-months high at 0.9233. The move further is not ruled out, if initial resistance at 0.9247 is broken.
What are today’s key AUD/USD levels?
Today's central pivot point can be found at 0.9153 with support below at 0.9131 (S1), 0.9095 (S2) and 0.9073 (S3), with resistance above at 0.9189 (R1), 0.9211 (R2), and 0.9247(R3). Hourly Moving Averages are largely bullish, with the 200SMA at 0.9082 and the daily 20EMA bullish at 0.9048. Hourly RSI is neutral at 61.
New highs in store
Glenn Stevens gave the pair enough impulse to reach the highs haven’t seen from November, 2013. Although he didn’t say anything encouraging about the currency, he skipped the comments on historically high levels of the Aussy. This was anouth to trigger broad demand on AUD/USD, and bring the pair to 4-months high at 0.9233. The move further is not ruled out, if initial resistance at 0.9247 is broken.
What are today’s key AUD/USD levels?
Today's central pivot point can be found at 0.9153 with support below at 0.9131 (S1), 0.9095 (S2) and 0.9073 (S3), with resistance above at 0.9189 (R1), 0.9211 (R2), and 0.9247(R3). Hourly Moving Averages are largely bullish, with the 200SMA at 0.9082 and the daily 20EMA bullish at 0.9048. Hourly RSI is neutral at 61.