30 Dec 2013
AUD/USD tests 0.8930 and holds above 0.8900
FXstreet.com (San Francisco) - A good day for the Aussie as the AUD/USD jumped 95 pips in the day from the 0.8835 area, traded overnight, to reach a fresh intra-day high at 0.8930 in the last hour.
The AUD/USD is trading now in consolidation mode just around 0.8920, 0.62% positive on the day, and holding above 0.8900 level. The short term perspective remains slightly bullish according to the FXstreet.com trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the Stochastic and the MACD are neutral.
AUD/USD levels
Above the 0.8930, next resistances are at 0.8940 and 0.8960. On the downside, supports are at 0.8900, 0.8990 and 0.8975.
The AUD/USD is trading now in consolidation mode just around 0.8920, 0.62% positive on the day, and holding above 0.8900 level. The short term perspective remains slightly bullish according to the FXstreet.com trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the Stochastic and the MACD are neutral.
AUD/USD levels
Above the 0.8930, next resistances are at 0.8940 and 0.8960. On the downside, supports are at 0.8900, 0.8990 and 0.8975.