12 Nov 2013
AUD/USD plunges to 0.9339 lows
FXstreet.com (Chicago) - AUD/USD fell hard on the publication of Australian data hitting the 0.9336 lows within minutes.
Data released in Australia reveals a National Australia Bank’s business confidence at 5 vs. past 12 while the National Australia Bank’s business conditions was -4, matching prior results.
AUD/USD Technical Levels
Technically speaking, the pair is offered at 0.9344 and oscillates between the supports aligned at 0.9283 (September 20th lows), 0.9248 (August 16th highs) ahead of 0.9189 (September 4th highs) and the resistances set at 0.9350 (November 8th lows), 0.9385 (October 9th lows) followed by 0.9422 (November 2nd lows). The pair broke the previous immediate support after steep fall from the 0.9365 zone.
Data released in Australia reveals a National Australia Bank’s business confidence at 5 vs. past 12 while the National Australia Bank’s business conditions was -4, matching prior results.
AUD/USD Technical Levels
Technically speaking, the pair is offered at 0.9344 and oscillates between the supports aligned at 0.9283 (September 20th lows), 0.9248 (August 16th highs) ahead of 0.9189 (September 4th highs) and the resistances set at 0.9350 (November 8th lows), 0.9385 (October 9th lows) followed by 0.9422 (November 2nd lows). The pair broke the previous immediate support after steep fall from the 0.9365 zone.