Technical - AUD/USD struggling with resistance at 0.9180/85
Australian Dollar's rally from 0.9000 low last Friday, failed at 0.9210/15 aream , and the pair retreated yesterday to 0.9130. The Aussie has attempted recovery since although remains capped at 0.9180/85 area, while upside pressure eases.
In case of breaching 0.9180/85 (session high), next resistance levels lie at 0.9215 (Mar 30 high) and then 0.9250 (Mar 17 high). On the downside, support levels lie at 0.9130 (Mar 31 low), and below here, 0.9065 (Mar 24 low) and 0.9000 (Mar 25 low).
In case of breaching 0.9180/85 (session high), next resistance levels lie at 0.9215 (Mar 30 high) and then 0.9250 (Mar 17 high). On the downside, support levels lie at 0.9130 (Mar 31 low), and below here, 0.9065 (Mar 24 low) and 0.9000 (Mar 25 low).
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home