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15 Dec 2014
AUD/USD lower lows on 0.82 handle ahead of RBA minutes
FXStreet (Guatemala) - AUD/USD is trading at 0.8212, down -0.49% on the day, having posted a daily high at 0.8270 and low at 0.8201.
As the Aussie continues to press on the 0.82 handle to the down side in a steady and sure fashion, we await the RBA minutes from December for conclusions to the value of AUD as we move towards the close for the year in the next couple of weeks.
The minutes will arrive tonight and there could be the possibility of fresh wording given Governor Stevens’ recent comments. In Australia, recently and speaking about the AUD, Stevens said in an interview that “if I had to pick a figure now I would say 75 is better than 85.” This is likely to have accommodated the recent declines in iron ore and oil prices. After the minutes, we also have China’s December manufacturing PMI.
AUD/USD noteworthy levels
Spot is presently trading at 0.8213, and next resistance can be seen at 0.8220 (Daily Classic S1), 0.8227 0.8237 (Hourly 20 EMA), 0.8240 (Daily Open) and 0.8253. Next support to the downside can be found at 0.8201 (Daily Low), 0.8186 (Weekly Classic S1), 0.8146 (Daily Classic S3) and 0.8119 (Weekly Classic S2).
As the Aussie continues to press on the 0.82 handle to the down side in a steady and sure fashion, we await the RBA minutes from December for conclusions to the value of AUD as we move towards the close for the year in the next couple of weeks.
The minutes will arrive tonight and there could be the possibility of fresh wording given Governor Stevens’ recent comments. In Australia, recently and speaking about the AUD, Stevens said in an interview that “if I had to pick a figure now I would say 75 is better than 85.” This is likely to have accommodated the recent declines in iron ore and oil prices. After the minutes, we also have China’s December manufacturing PMI.
AUD/USD noteworthy levels
Spot is presently trading at 0.8213, and next resistance can be seen at 0.8220 (Daily Classic S1), 0.8227 0.8237 (Hourly 20 EMA), 0.8240 (Daily Open) and 0.8253. Next support to the downside can be found at 0.8201 (Daily Low), 0.8186 (Weekly Classic S1), 0.8146 (Daily Classic S3) and 0.8119 (Weekly Classic S2).