AUD/USD falling back onto ascending support

FXStreet (Guatemala) - AUD/USD is trading at 0.9416, up 0.02% on the day, having posted a daily high at 0.9443 and low at 0.9405.

AUD/USD has fallen back onto the ascending support with 0.9410 acting as major support. Looking to momentum indicators, the hourly 200 SMA is currently at 0.9410, up from the last close at 0.9392 and climbing. Over the past 20 days, the exponential average closing price is 0.9370, and trending higher.

AUD/USD Levels

Spot is presently trading at 0.9416, and next resistance can be seen at 0.9418 (Hourly 20 EMA), 0.9421 (Yesterday's High), 0.9423 (Weekly High), 0.9424 (Daily Classic R1) and 0.9428 (Monthly High). Next support to the downside can be found at 0.9414 (Daily Open), 0.9410 (Daily Classic PP), 0.9405 (Daily Low), 0.9402 (Hourly 100 SMA) and 0.9399 (Daily Classic S1).

Jun 27, 2014

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