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3 Apr 2014
AUD/USD making moves to the downside
FXStreet (Guatemala) - AUD/USD dropped 20 pips on the release of retail sales and trade balance for February.
Currently, AUD/USD is trading at 0.9236, down -0.10% on the day, having posted a daily high at 0.9256 and low at 0.9227. Retail Sales read lower than consensus at 0.2% vs 0.3% and 1.2% previous. Trade balance was better than expected at 1200M vs 850M consensus.
AUD/USD RSI is in neutral territory at 46.02
RSI is down from it’s last hourly close at 53.59, while ADX is ranging above 30 at 17.60, up from 11.16 at the last hourly close. Looking to a daily chart, we see that RSI is neutral at 66.56. The 200 SMA is currently at 0.9249, up from 0.9208 at the last period close, and climbing on the hourly AUD/USD chart. Moving in an upward trend, the exponential average closing price is 0.9127.
AUD/USD Levels
Current price is 0.9244, with resistance ahead at 0.9245 (Hourly 20 EMA), 0.9249 (Daily Open), 0.9253 (Hourly 100 SMA), 0.9256 (Daily High) and 0.9261 (Daily Classic PP). Next support to the downside can be found at 0.9234 (Daily Low), 0.9226 (Weekly Low), 0.9223 (Yesterday's Low), 0.9215 (Daily Classic S1) and 0.9208 (Hourly 200 SMA).
Currently, AUD/USD is trading at 0.9236, down -0.10% on the day, having posted a daily high at 0.9256 and low at 0.9227. Retail Sales read lower than consensus at 0.2% vs 0.3% and 1.2% previous. Trade balance was better than expected at 1200M vs 850M consensus.
AUD/USD RSI is in neutral territory at 46.02
RSI is down from it’s last hourly close at 53.59, while ADX is ranging above 30 at 17.60, up from 11.16 at the last hourly close. Looking to a daily chart, we see that RSI is neutral at 66.56. The 200 SMA is currently at 0.9249, up from 0.9208 at the last period close, and climbing on the hourly AUD/USD chart. Moving in an upward trend, the exponential average closing price is 0.9127.
AUD/USD Levels
Current price is 0.9244, with resistance ahead at 0.9245 (Hourly 20 EMA), 0.9249 (Daily Open), 0.9253 (Hourly 100 SMA), 0.9256 (Daily High) and 0.9261 (Daily Classic PP). Next support to the downside can be found at 0.9234 (Daily Low), 0.9226 (Weekly Low), 0.9223 (Yesterday's Low), 0.9215 (Daily Classic S1) and 0.9208 (Hourly 200 SMA).