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20 Jun 2013
AUD/USD hits lowest since September 2010
FXstreet.com (Córdoba) - The Australian dollar remains among the worst performers in the FX space, with AUD/USD having hit a nearly 3-year low sub-0.9200 during the European session.
AUD/USD weighed by FOMC, data eyed
AUD/USD has continued to suffer in the wake of a stronger dollar and extended its decline to 0.9162, its lowest since September 2010 before finding support. At time of writing, AUD/USD is trading at the 0.9210 zone, still down 0.9% on the day, ahead of the next string of US data which includes initial jobless claims and the preliminary PMI.
In terms of technical levels, immediate supports could be found at 0.9162/00 (daily low/ Sep 9 2010 low) and 0.9100 (psychological level), while on the other hand, resistances are seen at 0.9235 (previous support) and 0.9310 (daily high).
AUD/USD weighed by FOMC, data eyed
AUD/USD has continued to suffer in the wake of a stronger dollar and extended its decline to 0.9162, its lowest since September 2010 before finding support. At time of writing, AUD/USD is trading at the 0.9210 zone, still down 0.9% on the day, ahead of the next string of US data which includes initial jobless claims and the preliminary PMI.
In terms of technical levels, immediate supports could be found at 0.9162/00 (daily low/ Sep 9 2010 low) and 0.9100 (psychological level), while on the other hand, resistances are seen at 0.9235 (previous support) and 0.9310 (daily high).