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Aug 15, 2014
AUD/USD bulls less committed on the 0.93 handle
FXStreet (Guatemala) - AUD/USD is trading at 0.9314, down -0.05% on the day, having posted a daily high at 0.9337 and low at 0.9304.
AUD/USD is pressing down on the 0.93 handle while Richard Kelly, Head of European Rates and FX Research at TD Securities explained that a barely there data calendar, and the RBA Board meeting Minutes for August barely relevant with the RBA Governor speaking the next day to the House of Representatives Economics Committee in his semi-annual testimony. “Let’s hope the testimony is not hijacked by politicians with irrelevant questions (previous years focusing on the $A8.8b RBA capital injection by the govt and the Securency scandal, refer to linked report)”.
AUD/USD hourly levels
Spot is presently trading at 0.9314, and next resistance can be seen at 0.9319 (Hourly 20 EMA), 0.9328 (Daily 20 SMA) and 0.9330 (Yesterday's High). Next support to the downside can be found at 0.9312 (Daily Classic PP), 0.9296 (Weekly Classic PP), 0.9294 (Daily Classic S1) and 0.9292 (Hourly 200 SMA).
AUD/USD is pressing down on the 0.93 handle while Richard Kelly, Head of European Rates and FX Research at TD Securities explained that a barely there data calendar, and the RBA Board meeting Minutes for August barely relevant with the RBA Governor speaking the next day to the House of Representatives Economics Committee in his semi-annual testimony. “Let’s hope the testimony is not hijacked by politicians with irrelevant questions (previous years focusing on the $A8.8b RBA capital injection by the govt and the Securency scandal, refer to linked report)”.
AUD/USD hourly levels
Spot is presently trading at 0.9314, and next resistance can be seen at 0.9319 (Hourly 20 EMA), 0.9328 (Daily 20 SMA) and 0.9330 (Yesterday's High). Next support to the downside can be found at 0.9312 (Daily Classic PP), 0.9296 (Weekly Classic PP), 0.9294 (Daily Classic S1) and 0.9292 (Hourly 200 SMA).