3 Jul 2013
AUD/USD falls to support
FXstreet.com (New York) - The AUD/USD plunge has been exacerbated Wednesday, culminating in a drop downwards to support during US trading.
AUD/USD support turns into resistance
“A AUD/USD retest of the broken support, which should turn into resistance now around 0.9110-0.9115 is possible, however, we may see renewed downside pressure as the support level turns into resistance.” notes the ICN.com Technical Analyst Team.
AUD/USD trading at support
In light of the recent downtrend, the AUD/USD is now down -1.00% off its opening, operating at 0.9052 in these moments. Briefing the technical levels, Mataf.net analysts have identified support at 0.9060, ahead of 0.8989.
AUD/USD support turns into resistance
“A AUD/USD retest of the broken support, which should turn into resistance now around 0.9110-0.9115 is possible, however, we may see renewed downside pressure as the support level turns into resistance.” notes the ICN.com Technical Analyst Team.
AUD/USD trading at support
In light of the recent downtrend, the AUD/USD is now down -1.00% off its opening, operating at 0.9052 in these moments. Briefing the technical levels, Mataf.net analysts have identified support at 0.9060, ahead of 0.8989.