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17 Jul 2013
AUD/USD holds 0.9200 support; back to 0.9250
FXstreet.com (San Francisco) - After being rejected by the intra-week high at 0.9290, the AUD/USD declined around 90 pips to test the 0.9200 area, where the pair bounced to trade back at 0.9250.
Currently, the AUD/USD is trading around 0.9235, 0.17% negative on the day. The short term perspective remains slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as CCI and Momentum are pointing to the north while the MACD and the Stochastic are neutral.
Above the 0.9250, next resistances are at 0.9290 and 0.9305. On the downside, supports are at 0.9200, 0.9150 and 0.9110.
Currently, the AUD/USD is trading around 0.9235, 0.17% negative on the day. The short term perspective remains slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as CCI and Momentum are pointing to the north while the MACD and the Stochastic are neutral.
Above the 0.9250, next resistances are at 0.9290 and 0.9305. On the downside, supports are at 0.9200, 0.9150 and 0.9110.