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23 Apr 2014
AUD/USD dumps on weaker than expected CPI
FXStreet (Guatemala) - Currently, AUD/USD is trading at 0.9318, down -0.52% on the day, having posted a daily high at 0.9379 and low at 0.9318.
AUD/USD dumped 60 pips on the release of the weaker than expected CPI data which has taken the pressure of the RBA to decrease rates. Meanwhile, looking to a daily chart, we see that RSI is neutral at 62.29. The pair now threatens the 0.9297 (Daily Classic S2),
AUD/USD Levels
Spot is presently trading at 0.9318, and next resistance can be seen at 0.9322 (Yesterday's Low), 0.9328 (Weekly Low), 0.9332 (Daily Classic S1), 0.9345 (Hourly 100 SMA) and 0.9356 (Daily Classic PP). Support below can be found at 0.9318 (Daily Low), 0.9301 (Daily 20 SMA), 0.9297 (Daily Classic S2), 0.9296 (Weekly Classic S1) and 0.9273 (Daily Classic S3).
AUD/USD dumped 60 pips on the release of the weaker than expected CPI data which has taken the pressure of the RBA to decrease rates. Meanwhile, looking to a daily chart, we see that RSI is neutral at 62.29. The pair now threatens the 0.9297 (Daily Classic S2),
AUD/USD Levels
Spot is presently trading at 0.9318, and next resistance can be seen at 0.9322 (Yesterday's Low), 0.9328 (Weekly Low), 0.9332 (Daily Classic S1), 0.9345 (Hourly 100 SMA) and 0.9356 (Daily Classic PP). Support below can be found at 0.9318 (Daily Low), 0.9301 (Daily 20 SMA), 0.9297 (Daily Classic S2), 0.9296 (Weekly Classic S1) and 0.9273 (Daily Classic S3).