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30 Apr 2013
Forex: AUD/USD falls to daily lows
FXstreet.com (Córdoba) - The Australian dollar has continued to move lower at the beginning of the American session, after a failure attempt to recover above 1.0370 put AUD/USD under pressure.
AUD/USD fell nearly 40 pips from daily highs and hit a daily low of 1.0327 in recent dealings. At time of writing, the cross is trading around 1.0335, 0.1% below its opening price.
In terms of technical levels, the Mataf.net analyst team locates next supports at 1.0305 and 1.0270, while they see resistances at 1.0370, 1.0395 and 1.0425.
AUD/USD fell nearly 40 pips from daily highs and hit a daily low of 1.0327 in recent dealings. At time of writing, the cross is trading around 1.0335, 0.1% below its opening price.
In terms of technical levels, the Mataf.net analyst team locates next supports at 1.0305 and 1.0270, while they see resistances at 1.0370, 1.0395 and 1.0425.