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14 Feb 2014
AUD/USD consolidates above 0.9000
FXStreet (Córdoba) - The recovery of the AUD/USD faltered at the 0.9040 area Friday as the greenback takes a breather from recent weakness.
The AUD/USD climbed more than 100 pips within the last sessions, shrugging of awful Australian jobs data and regaining the 0.9000 mark. However, the AUD/USD lost momentum after reaching a high of 0.9043 and settled in a narrow range during the last hours.
AUD/USD technical levels
In terms of technical levels, the AUD/USD could find immediate resistances at 0.9043 (Feb 14 high), 0.9066 (Feb 12 high) and 0.9100 (psychological level). On the other hand, supports are seen at 0.8950 (10-day SMA), 0.8927 (Feb 13 low) and 0.8900 (psychological level).
The AUD/USD climbed more than 100 pips within the last sessions, shrugging of awful Australian jobs data and regaining the 0.9000 mark. However, the AUD/USD lost momentum after reaching a high of 0.9043 and settled in a narrow range during the last hours.
AUD/USD technical levels
In terms of technical levels, the AUD/USD could find immediate resistances at 0.9043 (Feb 14 high), 0.9066 (Feb 12 high) and 0.9100 (psychological level). On the other hand, supports are seen at 0.8950 (10-day SMA), 0.8927 (Feb 13 low) and 0.8900 (psychological level).