Forex: AUD/USD clings to gains around 1.0350

The Australian dollar continues to trade inside a narrow range versus the greenback after an upside attempt was capped by the 1.0360 zone during the Asian session and the subsequent decline contained by 1.0315.

At time of writing, AUD/USD is trading at the 1.0340 area, still up 0.4% on the day. As for technical levels, immediate supports could be found at 1.0300/10, 1.0250 (low Feb 8) and 1.0225 (low Feb 12). On the upside, if the pair manages to break above 1.0360/75, next resistances are seen at 1.0400 (psychological level/100-day SMA) and 1.0455 (high Feb 5).