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AUD/USD extends advance to 0.8785

FXStreet (San Francisco) - After a brief period of consolidation below 0.8750, the AUD/USD extended its recovery from daily lows at 0.8650 to 0.8785 where the pair is finding some selling interest.

Currently, AUD/USD is trading at 0.8760, up 1.01% on the day, having posted a daily high at 0.8785 and low at 0.8650. AUD/USD spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.

AUD/USD levels

If the pair extends advance above 0.8780, next resistances are at 0.8800 and 0.8820. On the downside, supports are at 0.8705, 0.8685 and 0.8650.

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