4 Sep 2013
AUD/USD hits fresh 2-week highs
FXstreet.com (Córdoba) - The Australian dollar continues to outperform Wednesday, after domestic data showed second-quarter gross domestic product grew at a faster than expected.
AUD/USD added to gains from yesterday which were propelled by the RBA and climbed to a fresh 2-week high of 0.9170 before pulling back slightly. At time of writing, AUD/USD is trading at the 0.9155 zone, recording a 1.0% gain on the day.
AUD/USD levels to watch
In terms of technical levels, resistances are seen at 0.9170 (daily high) and 0.9200 (psychological level), while immediate supports are seen at 0.9100 (psychological level/20-hour SMA) and 0.9035 (daily low).
AUD/USD added to gains from yesterday which were propelled by the RBA and climbed to a fresh 2-week high of 0.9170 before pulling back slightly. At time of writing, AUD/USD is trading at the 0.9155 zone, recording a 1.0% gain on the day.
AUD/USD levels to watch
In terms of technical levels, resistances are seen at 0.9170 (daily high) and 0.9200 (psychological level), while immediate supports are seen at 0.9100 (psychological level/20-hour SMA) and 0.9035 (daily low).