OctaFX | OctaFX Forex Broker
main_menu_masthead_awards
Konto eröffnen Anmelden
de
    OctaFX | OctaFX Forex Broker
    Anmelden
      Konto eröffnen
      Back

      AUD/USD rejected from 0.7200, retraces yesterday’s gains

      FXStreet (Córdoba) - AUD/USD has been gradually retracing yesterday’s gains as investors adopt a cautious stance ahead of the Federal Reserve monetary policy decision.

      AUD/USD managed to briefly rise above the 0.7200 level and hit a 3-week high of 0.7207 before turning lower. The pair has dropped nearly 60 pips over the last hours and scored a low of 0.7147 in recent dealings. At time of writing, AUD/USD is trading at 0.7155, recording a 0.57% decline on the day.

      Investors remain cautious and mostly adjusting positions heading into the key FOMC decision on rates.

      AUD/USD technical levels


      In terms of technical levels, AUD/USD could find next supports at 0.7135 (100-hour SMA), 0.7122 (Sep 16 low) and 0.7085 (Sep 15 low). On the flip side, resistances are seen at 0.7207 (Sep 17 high), and 0.7249 (Aug 25 high).

      Ireland Gross Domestic Product (YoY) increased to 6.7% in 2Q from previous 6.5%

      Ireland Gross Domestic Product (YoY) increased to 6.7% in 2Q from previous 6.5%
      Mehr darüber lesen Previous

      WTI advances beyond $47.00, FOMC on sight

      The barrel of the West Texas Intermediate has left session lows in the mid-$46.00s and is now testing the upper band of the range above the $47.00 handle...
      Mehr darüber lesen Next
      Start livechat