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Sep 17, 2014
AUD/USD extends decline to 0.9050
FXStreet (San Francisco) - The Aussie is performing a new mini-leg to 0.9050 versus the Dollar after extending its decline to 0.9050 amid US weaker than expected inflation data.
In this line, the AUD/USD is adding declines from yesterday's highs at 0.9110 and now it is breaking down the previous support of 0.9060 and trading at 0.9050.
Currently, AUD/USD is trading at 0.9053, down 0.41% on the day, having posted a daily high at 0.9097 and low at 0.9053. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish.
AUD/USD levels
If the pair breaks below 0.9050, it will find next supports at 0.9000 and 0.8980. On the upside, resistances are at 0.9080, 0.9110 and 0.9160.
In this line, the AUD/USD is adding declines from yesterday's highs at 0.9110 and now it is breaking down the previous support of 0.9060 and trading at 0.9050.
Currently, AUD/USD is trading at 0.9053, down 0.41% on the day, having posted a daily high at 0.9097 and low at 0.9053. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish.
AUD/USD levels
If the pair breaks below 0.9050, it will find next supports at 0.9000 and 0.8980. On the upside, resistances are at 0.9080, 0.9110 and 0.9160.