22 Aug 2013
AUD/USD back below 0.9000
FXstreet.com (Cordoba) - After scoring a 2-week low of 0.8931 during the Asian session, the AUD/USD managed to bounce and turned positive for the day.
AUD/USD consolidates ahead of US data
However, with the recovery attempt being capped by the 0.9025 zone, AUD/USD was confined to a phase of consolidation within the last hours, as investors await the next string of US data, including weekly jobless claims.
AUD/USD levels
At time of writing, AUD/USD is trading at the 0.8990 zone, where it records a 0.3% gain on Thursday. As for technical levels, AUD/USD could find immediate resistances at 0.9025 (daily high) and 0.9057 (post-FOMC minutes high). Meanwhile, supports are seen at 0.8931 (daily low) and 0.8900 (psychological level).
AUD/USD consolidates ahead of US data
However, with the recovery attempt being capped by the 0.9025 zone, AUD/USD was confined to a phase of consolidation within the last hours, as investors await the next string of US data, including weekly jobless claims.
AUD/USD levels
At time of writing, AUD/USD is trading at the 0.8990 zone, where it records a 0.3% gain on Thursday. As for technical levels, AUD/USD could find immediate resistances at 0.9025 (daily high) and 0.9057 (post-FOMC minutes high). Meanwhile, supports are seen at 0.8931 (daily low) and 0.8900 (psychological level).