15 Nov 2013
AUD/USD contained by 0.9300
FXstreet.com (Córdoba) - After climbing to daily highs around 0.9350 during the Asian session, the AUD/USD failed to sustain gains and retraced most intraday gains.
In the absence of relevant economic data or news, the AUD/USD was confined to a phase of consolidation Friday contained by the 0.9300 level on the downside and capped by 0.9350 on the upside. At time of writing, AUD/USD is trading at 0.9335, virtually unchanged since opening, but losing near 0.6% this week.
AUD/USD levels to watch
As for technical levels, the AUD/USD could find immediate supports at 0.9300 (psychological level), 0.9280 (Nov 14 low) and 0.9269 (Nov 12 low). On the other hand, resistances are seen at 0.9350 (daily high), 0.9385 (Nov 14 high) and 0.9400 (psychological level).
In the absence of relevant economic data or news, the AUD/USD was confined to a phase of consolidation Friday contained by the 0.9300 level on the downside and capped by 0.9350 on the upside. At time of writing, AUD/USD is trading at 0.9335, virtually unchanged since opening, but losing near 0.6% this week.
AUD/USD levels to watch
As for technical levels, the AUD/USD could find immediate supports at 0.9300 (psychological level), 0.9280 (Nov 14 low) and 0.9269 (Nov 12 low). On the other hand, resistances are seen at 0.9350 (daily high), 0.9385 (Nov 14 high) and 0.9400 (psychological level).