AUD/USD Current price: 0.9361

15.04.2014 18:04:43


Not a good day for Aussie today, with the currency weighted by gold drop as commented above: the AUD/USD trades right above 0.9360 static support, presenting a strong  bearish short term tone according to the hourly chart, as indicators head lower deep into negative territory while 20 SMA gains bearish slope above current price. In the 4 hours chart technical readings present a slightly bearish tone, with  a break below mentioned support favoring a downward extension for today.

Support levels: 0.9360 0.9320 0.9290

Resistance levels: 0.9445 0.9485 0.9530