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Aug 19, 2014
AUD/USD: A new month high on RBA minutes
FXStreet (Guatemala) - AUD/USD is trading at 0.9331, up 0.07% on the day, having posted a daily high at 0.9337 and low at 0.9317.
AUD/USD has scored a higher high on the month with the release of the RBA’s minutes. Despite remarks as the AUD being high by historic standards, offering less support to the economy and there being a significant degree of uncertainty on growth outlook, the pair rallied 15 pips and remains steady here post the release.
Support and resistance levels
Support levels: 0.9300 0.9260 0.9220
Resistance levels: 0.9330 0.9370 0.9410
AUD/USD has scored a higher high on the month with the release of the RBA’s minutes. Despite remarks as the AUD being high by historic standards, offering less support to the economy and there being a significant degree of uncertainty on growth outlook, the pair rallied 15 pips and remains steady here post the release.
Support and resistance levels
Support levels: 0.9300 0.9260 0.9220
Resistance levels: 0.9330 0.9370 0.9410