Back
28 Jan 2014
AUD/USD rejects 0.8815 and declines to 0.7875
FXstreet.com (San Francisco) - The Aussie is currently trading down after rejecting the 0.8815 area against the US Dollar. Following a 40 pips downside movement, the AUD/USD is now trading at 0.8775.
The AUD/USD is performing 0.38% positive in the day. The short term perspective, however, is slightly bearish according to the FXStreet trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the MACD and Stochastic are neutral.
AUD/USD levels
A break above 0.8815 would open the door to 0.8890 (high Jan 22) and finally 0.8915 (high Jan 16). On the downside, the initial test aligns at 0.8670, ahead of 0.8750 and 0.8720.
The AUD/USD is performing 0.38% positive in the day. The short term perspective, however, is slightly bearish according to the FXStreet trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the MACD and Stochastic are neutral.
AUD/USD levels
A break above 0.8815 would open the door to 0.8890 (high Jan 22) and finally 0.8915 (high Jan 16). On the downside, the initial test aligns at 0.8670, ahead of 0.8750 and 0.8720.