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8 Jan 2015
AUD/USD consolidates around 0.8100
FXStreet (Córdoba) - AUD/USD continues to oscillate near 4 ½-year lows, taking one step forward, one step back, as investors seem unwilling to push the Aussie out of its recent range.
AUD/USD made a marginal new low of 0.8032 on Wednesday but managed to take back losses and climbed throughout the last sessions before finding sellers at the 0.8125 zone. At time of writing, the pair is trading at 0.8102, still 0.32% above its opening price.
AUD/USD technical levels
In terms of technical levels, AUD/USD could find immediate supports at 0.8070 (daily low), 0.8032 (Jan 7 low) and 0.8000 (psychological level). On the other hand, resistances are seen at 0.8124 (daily high), 0.8157 (Jan 6 high) and 0.8167 (Jan 2 high).
AUD/USD made a marginal new low of 0.8032 on Wednesday but managed to take back losses and climbed throughout the last sessions before finding sellers at the 0.8125 zone. At time of writing, the pair is trading at 0.8102, still 0.32% above its opening price.
AUD/USD technical levels
In terms of technical levels, AUD/USD could find immediate supports at 0.8070 (daily low), 0.8032 (Jan 7 low) and 0.8000 (psychological level). On the other hand, resistances are seen at 0.8124 (daily high), 0.8157 (Jan 6 high) and 0.8167 (Jan 2 high).