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Forex: AUD/USD rejects the 1.0340 and falls to 1.0310

FXstreet.com (San Francisco) - After climbing from 1.0315 to reach fresh intra-week high at 1.0340, the AUD/USD has been rejected by this level and now the pair is trading down at the 1.3010 area. It’s 0.30% positive on the day.

The AUD/USD is trading slightly bearish according to the FXstreet.com trend index. Indicators such as CCI and Momentum are pointing south while the MACD and the Stochastic are neutral in the 15-minutes chart.

Next supports are at 1.0300, 1.0290 and 1.0270. On the upside, resistances are at 1.0325, 1.0340 and 1.0360.

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