24 Jun 2014
AUD/USD finds support at 0.9370
FXStreet (San Francisco) - The Aussie is trading in consolidation mode around 0.9375 after a 60 pips drop in the day from 0.9430 to price as low as 0.9370.
Currently, AUD/USD is trading at 0.9383, down 0.39% on the day, having posted a daily high at 0.9433 and low at 0.9371. AUD/USD spot is in oversold territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
AUD/USD levels
If the pair manages to hold the 0.9375 area, it would find next resistances at 0.9400, 0.9425 and 0.9440. On the downside, a break of 0.9375 would expose the 0.9360 and 0.9330 levels.
Currently, AUD/USD is trading at 0.9383, down 0.39% on the day, having posted a daily high at 0.9433 and low at 0.9371. AUD/USD spot is in oversold territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
AUD/USD levels
If the pair manages to hold the 0.9375 area, it would find next resistances at 0.9400, 0.9425 and 0.9440. On the downside, a break of 0.9375 would expose the 0.9360 and 0.9330 levels.