22 Jul 2014
AUD/USD putting pressure on the bulls
FXStreet (Guatemala) - AUD/USD is trading at 0.9365, down -0.08% on the day, having posted a daily high at 0.9378 and low at 0.9363.
AUS/USD comes heavy here pressing on the daily low while a speech from RBA’s Debelle is taking place who is on a panel at the 2nd Latin American Australia Investors Forum. We are also looking ahead to listen to RBA’s Stevens speaking and analysts at RBS explained that any comments on the currency will certainly be noteworthy, however noting that “The major event in Australia this week should be the second quarter CPI”.
AUD/USD Levels
With spot trading at 0.9366, we can see next resistance ahead at 0.9370 (Yesterday's Low), 0.9370 (Hourly 100 SMA), 0.9374 (Daily Open), 0.9378 (Hourly 20 EMA) and 0.9378 (Daily High). Support below can be found at 0.9363 (Daily Low), 0.9352 (Weekly Low), (Monthly Low) and 0.9345 (Weekly Classic S1). “Support remains at 9322, 61.8% fibo and previous low, resistance is at 9417, 50% fib on the 9505/9329 , 61.8% fib is at 9437 on the same move”, explained Peter Fell at FXBeat.
AUS/USD comes heavy here pressing on the daily low while a speech from RBA’s Debelle is taking place who is on a panel at the 2nd Latin American Australia Investors Forum. We are also looking ahead to listen to RBA’s Stevens speaking and analysts at RBS explained that any comments on the currency will certainly be noteworthy, however noting that “The major event in Australia this week should be the second quarter CPI”.
AUD/USD Levels
With spot trading at 0.9366, we can see next resistance ahead at 0.9370 (Yesterday's Low), 0.9370 (Hourly 100 SMA), 0.9374 (Daily Open), 0.9378 (Hourly 20 EMA) and 0.9378 (Daily High). Support below can be found at 0.9363 (Daily Low), 0.9352 (Weekly Low), (Monthly Low) and 0.9345 (Weekly Classic S1). “Support remains at 9322, 61.8% fibo and previous low, resistance is at 9417, 50% fib on the 9505/9329 , 61.8% fib is at 9437 on the same move”, explained Peter Fell at FXBeat.