交易新闻
17 Apr 2015
AUD/USD testing highs at 0.78
FXStreet (Mumbai) - The Australian dollar bounced-back versus the US counterpart in the European morning, wiping out partial losses from Asia, as the Aussie strives to resume its upward trajectory in another attempt to retest three week highs reached yesterday at 0.7825.
AUD/USD rises from 0.7770
Currently, the AUD/USD pair trades lower by -0.12% at 0.7795, recovering from previously posted session lows at 0.7770. AUD/USD recovered partially and is on its way to swing back in to gains as the Aussie still remains underpinned by upbeat jobs figures, which showed payrolls rose 37,700, more than twice as much as the market had been expecting, with the unemployment rate also edging down unexpectedly by two notches to 6.1%.
Also, broadly weaker US dollar after downbeat US fundamentals coupled with recovery in gold prices continue to support the AUD/USD pair.
On the macro economic front, markets now look forward to critical US CPI and consumer sentiment data later in the day for further momentum on the pair.
AUD/USD Technical Levels
The pair has an immediate resistance at 0.7800 (Today’s High) levels, above which gains could be extended to 0.7825 (April 16 High)) levels. On the flip side, support is seen at 0.7770 (Today’s Low) levels from here it to 0.7724 (50-DMA) levels.
AUD/USD rises from 0.7770
Currently, the AUD/USD pair trades lower by -0.12% at 0.7795, recovering from previously posted session lows at 0.7770. AUD/USD recovered partially and is on its way to swing back in to gains as the Aussie still remains underpinned by upbeat jobs figures, which showed payrolls rose 37,700, more than twice as much as the market had been expecting, with the unemployment rate also edging down unexpectedly by two notches to 6.1%.
Also, broadly weaker US dollar after downbeat US fundamentals coupled with recovery in gold prices continue to support the AUD/USD pair.
On the macro economic front, markets now look forward to critical US CPI and consumer sentiment data later in the day for further momentum on the pair.
AUD/USD Technical Levels
The pair has an immediate resistance at 0.7800 (Today’s High) levels, above which gains could be extended to 0.7825 (April 16 High)) levels. On the flip side, support is seen at 0.7770 (Today’s Low) levels from here it to 0.7724 (50-DMA) levels.