Filed Under:
Forex pairs in this Article » AUD/USD
FXstreet.com (Córdoba) - The Australian dollar managed to break above the 1.0400 mark versus the greenback, underpinned by risk appetite amid positive European headlines and US fiscal cliff hopes.

AUDUSD rose nearly 70 pips throughout the day and reached a 5-day high of 1.0416 during the New York session, having spent the last hours consolidating just below that level. At time of writing, AUDUSD is trading at the 1.0405/10 zone, recording a 0.5% gain on Monday.

As for technical levels, on the upside next resistances are seen at 1.0415, 1.0435 and 1.0460, while on the downside supports could be found at 1.0360, 1.0310 and 1.0285.
comments powered by Disqus