Back
13 Sep 2013
AUD/USD jumps to session highs at 0.9265
FXstreet.com (San Francisco) - The Australian Dollar is joining the currently USD general weakness in the market and after below-expectations US retail sales, the AUD/USD jumped to session highs around 0.9265.
The USD was hurt by the weak retail sales data that grew 0.2%, missing expectations of a 0.4% increase.
Currently, the AUD/USD is pricing at 0.9257, still 0.12% negative on the day. The short term perspective is slightly bullish according to the FXstreet.com trend index. Indicators such as CCI and Momentum are pointing to the south while the MACD and the Stochastic are neutral.
The AUD/USD would face resistances at 0.9265, 0.9275 and 0.9315. On the downside, supports are at 0.9235, 0.9220 and 0.9180.
The USD was hurt by the weak retail sales data that grew 0.2%, missing expectations of a 0.4% increase.
Currently, the AUD/USD is pricing at 0.9257, still 0.12% negative on the day. The short term perspective is slightly bullish according to the FXstreet.com trend index. Indicators such as CCI and Momentum are pointing to the south while the MACD and the Stochastic are neutral.
The AUD/USD would face resistances at 0.9265, 0.9275 and 0.9315. On the downside, supports are at 0.9235, 0.9220 and 0.9180.