Forex: AUD/USD threatens daily lows

November 27, 2012 | Filed Under »
Forex pairs in this Article » AUD/USD
FXstreet.com (Córdoba) - The Australian dollar made a marginal new low for the day versus the greenback as another wave of risk aversion hit the markets and weighed on stocks and risky currencies. AUDUSD extended its setback from a 2-month high of 1.0488 scored during the Asian session and recently bottomed at 1.0439.

At time of writing, AUDUSD is trading at the 1.0445 zone, 0.2% below its opening price. As for technical levels, if AUDUSD breaks below 1.0440, next supports are seen at 1.0415 and 1.0400, while resistances could be found at 1.0470, 1.0490 and 1.0520.
comments powered by Disqus
Marketplace
Trading Center