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28 Aug 2014
AUD/USD consolidates 0.9340 bounce
FXStreet (San Francisco) - The Aussie is consolidating levels versus the US Dollar as the pair found support at 0.9340 after a 35-pip decline from 0.9375. Then the AUD/USD bounced to 0.9360 where the pair remains trading now.
Currently, AUD/USD is trading at 0.9355, up 0.20% on the day, having posted a daily high at 0.9376 and low at 0.9332. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is also neutral.
AUD/USD sentiment
If the pair continues to advance, it will face resistances at 0.9375, 0.9415 and 0.9450. On the downside, 0.9350, 0.9340 and 0.9330.
Currently, AUD/USD is trading at 0.9355, up 0.20% on the day, having posted a daily high at 0.9376 and low at 0.9332. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is also neutral.
AUD/USD sentiment
If the pair continues to advance, it will face resistances at 0.9375, 0.9415 and 0.9450. On the downside, 0.9350, 0.9340 and 0.9330.