2nd October AUDUSD Technical Analysis: AUD/USD is currently - TopicsExpress

2nd October AUDUSD Technical Analysis: AUD/USD is currently trading at 0.9370, trading just above support at 0.9360. It reached a high of 0.9434 yesterday, following a similar journey to the other pairs against the USD. RBA did not cut rates yesterday suggesting that a rate cut may not be due till early 2014 depending on unemployment and inflation data. Immediate next level support looks to target 0.9316 then 0.9280, resistance is yesterdays high 0.9434.

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