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8 Jan 2014
AUD/USD declines to daily lows at 0.8900
FXstreet.com (San Francisco) - The AUD/USD's recovery from 0.8910 has been capped at 0.8950 as the pair was rejected at this level and launched to trade at fresh daily lows around 0.8900.
Currently, the AUD/USD is pricing at 0.8905, 0.15% negative on the day. The short term perspective is strongly bearish according to the FXstreet.com trend index. MACD, CCI and Momentum are pointing to the south while the Stochastic is bullish.
AUD/USD levels:
On the flip side, AUD/USD's supports are seen at 0.8900 (psychological level/daily low) and 0.8884 (Jan 3 low) ahead of 0.8842 (Jan 2 low). On the upside, the pair could face immediate resistances at 0.8950 (daily high), 0.8970 (Jan 7 high) and 0.9000 (psychological level).
Currently, the AUD/USD is pricing at 0.8905, 0.15% negative on the day. The short term perspective is strongly bearish according to the FXstreet.com trend index. MACD, CCI and Momentum are pointing to the south while the Stochastic is bullish.
AUD/USD levels:
On the flip side, AUD/USD's supports are seen at 0.8900 (psychological level/daily low) and 0.8884 (Jan 3 low) ahead of 0.8842 (Jan 2 low). On the upside, the pair could face immediate resistances at 0.8950 (daily high), 0.8970 (Jan 7 high) and 0.9000 (psychological level).