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26 Aug 2013
AUD/USD eases from highs
FXstreet.com (Córdoba) - The rally of the AUD/USD faltered after reaching the 0.9070 area as the USD managed to shrug off worse than expected US data.
AUD/USD failed to break above the 0.9070 resistance area and turned lower, retracing some of its intraday gains to currently trade at the 0.9035 zone, where it is still 0.1% above its opening price.
AUD/USD technical levels
In terms of technical levels, immediate resistances for AUD/USD are seen at 0.9069 (daily high) and the 0.9080/85 zone (10-day SMA/200-hour SMA), while supports could be found at 0.9000 (psychological level) and 0.8970 (Aug 23 low).
AUD/USD failed to break above the 0.9070 resistance area and turned lower, retracing some of its intraday gains to currently trade at the 0.9035 zone, where it is still 0.1% above its opening price.
AUD/USD technical levels
In terms of technical levels, immediate resistances for AUD/USD are seen at 0.9069 (daily high) and the 0.9080/85 zone (10-day SMA/200-hour SMA), while supports could be found at 0.9000 (psychological level) and 0.8970 (Aug 23 low).