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28 Mar 2014
AUD/USD supported around daily pivot point
FXStreet (Barcelona) - Currently, AUD/USD is trading at 0.9248, down -0.11% on the day, having posted a daily high at 0.9297 and low at 0.9237
Following a failed tested of 0.93 overnight, AUD/USD has declined throughout the European session, finding support around the daily pivot point at 0.9247 where it is presently trading.
The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bearish. Currently RSI is at 46.25, down from the last hourly print at 48.08, with ADX at 20.50, down from its previous close at 28.00. Daily RSI sits at 69.43, in neutral territory. Looking to momentum indicators, the hourly 200 SMA is currently at 0.9248, up from the last close at 0.9139 and climbing. Over the past 20 days, the exponential average closing price is 0.9083, and trending higher.
AUD/USD Key Levels
With spot trading at 0.9249, we can see next resistance ahead at 0.9258 (Hourly 20 EMA), 0.9259 (Monthly High), 0.9259 (Weekly High),0.9259 (YTD High) and 0.9260 (Daily Open). Support below can be found at 0.9249 (Daily Classic PP), 0.9237 (Daily Low), 0.9224 (Daily Classic S1), 0.9217 (Weekly Classic R2) and 0.9214(Yesterday's Low).
Following a failed tested of 0.93 overnight, AUD/USD has declined throughout the European session, finding support around the daily pivot point at 0.9247 where it is presently trading.
The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bearish. Currently RSI is at 46.25, down from the last hourly print at 48.08, with ADX at 20.50, down from its previous close at 28.00. Daily RSI sits at 69.43, in neutral territory. Looking to momentum indicators, the hourly 200 SMA is currently at 0.9248, up from the last close at 0.9139 and climbing. Over the past 20 days, the exponential average closing price is 0.9083, and trending higher.
AUD/USD Key Levels
With spot trading at 0.9249, we can see next resistance ahead at 0.9258 (Hourly 20 EMA), 0.9259 (Monthly High), 0.9259 (Weekly High),0.9259 (YTD High) and 0.9260 (Daily Open). Support below can be found at 0.9249 (Daily Classic PP), 0.9237 (Daily Low), 0.9224 (Daily Classic S1), 0.9217 (Weekly Classic R2) and 0.9214(Yesterday's Low).