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May 31, 2013
AUD/USD hovers around 0.9600 after US data
FXstreet.com (Córdoba) - The Australian dollar remained pretty much steady versus the greenback following the latest string of US data, which showed personal spending unexpectedly fell in April, while personal income data came in below expectations.
AUD/USD moved slightly lower after the data but it continues to hover around the 0.9600 mark where it records a 0.6% loss on the day.
In terms of technical levels, immediate supports could be found at 0.9565 (daily low) and 0.9530 (May 29 low), while resistances are seen at 0.9630 (100-hour SMA) and 0.9680 (daily high).
AUD/USD moved slightly lower after the data but it continues to hover around the 0.9600 mark where it records a 0.6% loss on the day.
In terms of technical levels, immediate supports could be found at 0.9565 (daily low) and 0.9530 (May 29 low), while resistances are seen at 0.9630 (100-hour SMA) and 0.9680 (daily high).