17 Aug 2015
AUD/USD climbs to fresh daily highs
FXStreet (Córdoba) - AUD/USD managed to reverse early losses and climbed to fresh daily highs during the New York session helped by a comeback in stocks and commodities.
AUD/USD bounced off a low of 0.7342 and climbed nearly half a cent during the last hours to print a fresh daily high of 0.7387 in recent dealings, despite the greenback remains firm versus European rivals. At time of writing, AUD/USD is trading at the 0.7380 zone, 0.18% above its opening price.
AUD/USD supports and resistances
In terms of technical levels, immediate resistances are seen at at 0.7387 (Aug 17 high), 0.7408 (Aug 13 high) and 0.7438 (Aug 11 high). On the other hand, supports could be found at 0.7342 (Aug 17 low), 0.7322 (Aug 13 low) and 0.7283 (Aug 11 low).
AUD/USD bounced off a low of 0.7342 and climbed nearly half a cent during the last hours to print a fresh daily high of 0.7387 in recent dealings, despite the greenback remains firm versus European rivals. At time of writing, AUD/USD is trading at the 0.7380 zone, 0.18% above its opening price.
AUD/USD supports and resistances
In terms of technical levels, immediate resistances are seen at at 0.7387 (Aug 17 high), 0.7408 (Aug 13 high) and 0.7438 (Aug 11 high). On the other hand, supports could be found at 0.7342 (Aug 17 low), 0.7322 (Aug 13 low) and 0.7283 (Aug 11 low).