14 Oct 2014
AUD/USD hit fresh lows
FXStreet (Córdoba) - Greenback strengthened across the board during the second half of trading in Wall Street and hit fresh highs. AUD/USD broke below 0.8715 and fell to 0.8700, reaching a new daily low.
The pair remains near the lows, about to end the day with a decline of 65 pips, erasing most of yesterday’s gains. Despite the retreated still holds above the level it had at the beginning of the week.
AUD/USD level to watch
Below 0.8700, the next support could be located at 0.8680 (Sept 29 low) and below here at 0.8640 (Oct 3 low). On the opposite direction, the immediate resistance now lies at 0.8715 (previous daily low), above at 0.8750/55 (session high) and 0.8790.
The pair remains near the lows, about to end the day with a decline of 65 pips, erasing most of yesterday’s gains. Despite the retreated still holds above the level it had at the beginning of the week.
AUD/USD level to watch
Below 0.8700, the next support could be located at 0.8680 (Sept 29 low) and below here at 0.8640 (Oct 3 low). On the opposite direction, the immediate resistance now lies at 0.8715 (previous daily low), above at 0.8750/55 (session high) and 0.8790.