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19 Sep 2013
AUD/USD clings to 0.9500
FXstreet.com (Córdoba) - The AUD/USD entered in a consolidation phase around the 0.9500 mark on Thursday, as the greenback steadies following the Fed ‘No Taper’ surprise.
After rallying through several resistance levels, AUD/USD stalled at 0.9528 where it posted a 3-month high late NY session. The pair has been consolidating in a slim range ever since, as AUD/USD lost momentum despite world shares gains.
AUD/USD technical levels
At time of writing, AUD/USD is trading around 0.9500, virtually unchanged since opening with immediate resistances at 0.9528 (daily high) and 0.9551 (Jun 19 high), while supports are seen at 0.9483 (daily low) and not much till 0.9400 (psychological level).
After rallying through several resistance levels, AUD/USD stalled at 0.9528 where it posted a 3-month high late NY session. The pair has been consolidating in a slim range ever since, as AUD/USD lost momentum despite world shares gains.
AUD/USD technical levels
At time of writing, AUD/USD is trading around 0.9500, virtually unchanged since opening with immediate resistances at 0.9528 (daily high) and 0.9551 (Jun 19 high), while supports are seen at 0.9483 (daily low) and not much till 0.9400 (psychological level).