Forex: AUD/USD ends the week below 1.0400
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AUD/USD
FXstreet.com (Córdoba) - The Australian dollar has had a relatively quiet day and is set to close the NY session little changed amid thin liquidity and as investors remain cautious given the uncertainty surrounding the US fiscal cliff.
AUDUSD has spent the day inside a slim range between 1.0365 and 1.0395, unable to set a fresh direction, having fallen to a 5-week low of 1.0343 earlier this week.
At time of writing, AUDUSD is quoting at the 1.0375, flat on the day but down 0.2% this week. On the downside, immediate support is seen at 1.0365 ahead of 1.0345/40, while on the upside resistances could be found at 1.0395(Dec 28 high), 1.0415 (Dec 24 high) and 1.0435.
AUDUSD has spent the day inside a slim range between 1.0365 and 1.0395, unable to set a fresh direction, having fallen to a 5-week low of 1.0343 earlier this week.
At time of writing, AUDUSD is quoting at the 1.0375, flat on the day but down 0.2% this week. On the downside, immediate support is seen at 1.0365 ahead of 1.0345/40, while on the upside resistances could be found at 1.0395(Dec 28 high), 1.0415 (Dec 24 high) and 1.0435.
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