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AUD/USD holding on key support 0.8660

FXStreet (Barcelona) - AUD/USD is trading at 0.8670, down -1.51% on the day, having posted a daily high at 0.8808 and low at 0.8643.

AUD/USD is settling up on this weeks support and lows here at the 0.8660 level having given back all of the gains made up to and through the 0.88 handle. Below 0.8660, Karen Jones, chief analyst at Commerzbank said she is looking for losses to the base of its 3 year channel at 0.8444/00.

AUD/USD note worthy levels

Current price is 0.8670, with resistance ahead at 0.8679 (Daily Classic S2), 0.8692 (Weekly Classic S1), 0.8698 (Annual Low), 0.8698 (3 Year Low) and 0.8698 (YTD Low). Next support to the downside can be found at 0.8643 (Daily Low), 0.8635 (Daily Classic S3), 0.8619 (Weekly Classic S2), 0.8489 (Weekly Classic S3) and 0.8104 (5 Year Low).

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