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3 Jun 2014
AUD/USD is unchanged after the RBA decision
FXStreet (Moscow) - AUD/USD bulls tried hard to break above the resistance of 0.9260, but failed. Currently the cross is trading at 0.9252, unchanged from the levels before the RBA
Not so much adore about RBA
The initial reaction to RBA monetary policy decision was not too impressive as AUD/USD moved to and fro within 20 pips range. The bullish bias seems to be stronger as the central bankers were optimistic about growth and not too critical about Aussie rate. From the technical point of view, the pair failed to go past offers clustered around 0.9260 level, though the bulls might make another try, If they are successful, Aussie will extend the upside to the offers located at 0.9280/90. On the downside the nearest support is seen at 0.9240.
What are today’s key AUD/USD levels?
Today's central pivot point can be found at 0.9264, with support below at 0.9213, 0.9181 and 0.9130, with resistance above at 0.9296, 0.9347 and 0.9379. Hourly Moving Averages are mostly bearish, with the 200SMA at 0.9256 and the daily 20EMA at 0.9287. Hourly RSI is bearish at 46.
Not so much adore about RBA
The initial reaction to RBA monetary policy decision was not too impressive as AUD/USD moved to and fro within 20 pips range. The bullish bias seems to be stronger as the central bankers were optimistic about growth and not too critical about Aussie rate. From the technical point of view, the pair failed to go past offers clustered around 0.9260 level, though the bulls might make another try, If they are successful, Aussie will extend the upside to the offers located at 0.9280/90. On the downside the nearest support is seen at 0.9240.
What are today’s key AUD/USD levels?
Today's central pivot point can be found at 0.9264, with support below at 0.9213, 0.9181 and 0.9130, with resistance above at 0.9296, 0.9347 and 0.9379. Hourly Moving Averages are mostly bearish, with the 200SMA at 0.9256 and the daily 20EMA at 0.9287. Hourly RSI is bearish at 46.