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Forex: AUD/USD trades at intra-day highs at 1.0325

FXstreet.com (San Francisco) - After rising around 80 pips from 1.0240 to test the 1.0320 following the NFP report, the AUD/USD traded in consolidation mode between 1.0305 and 1.0315. But in the last hour, the AUD/USD advanced to reach fresh intra-day high at 1.0325.

Currently the AUD/USD is trading at 1.0320, 0.70% above opening price. The pair is trading slightly bullish according to the FXstreet.com trend index with indicators such as CCI and Momentum pointing to the north while the Stochastic and MACD signaling neutral in the 15-minutes chart.

Next resistance lies at 1.0330 (low Apr.30) followed by 1.0343 (MA55d) and finally 1.0349 (MA21d). On the downside, a breach of 1.0295 (MA10d) would expose 1.0240 (low May 3) and then 1.0221 (low Apr.23).

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