2 Jul 2013
AUD/USD remains pressured below 0.9150
FXstreet.com (Córdoba) - The AUD/USD remains under pressure trading below 0.9150 during the American session after dropping more than 120 pips on the day, as stocks turn negative in Wall Street.
AUD/USD threatens daily lows
AUD/USD fell, weighed by the RBA decision to leave rates on hold and a generally stronger US dollar, and touched a low of 0.9129 in recent dealings. At time of writing, the pair is trading at the 0.9140 zone, where it records a 1.0% loss.
On the downside, supports for AUD/USD could be found at 0.9130 (daily low) and 0.9110 (Jul 1 low), while on the upside, resistances are seen at 0.9200 (psychological level) and the 0.9240/50 zone (Jul 1 & 2 highs).
AUD/USD threatens daily lows
AUD/USD fell, weighed by the RBA decision to leave rates on hold and a generally stronger US dollar, and touched a low of 0.9129 in recent dealings. At time of writing, the pair is trading at the 0.9140 zone, where it records a 1.0% loss.
On the downside, supports for AUD/USD could be found at 0.9130 (daily low) and 0.9110 (Jul 1 low), while on the upside, resistances are seen at 0.9200 (psychological level) and the 0.9240/50 zone (Jul 1 & 2 highs).