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      AUD/USD picking up some ground

      FXStreet (Guatemala) - AUD/USD is trading at 0.9259, down -0.04% on the day, having posted a daily high at 0.9269 and low at 0.9247.

      With a set of decent numbers finally from Australia in the form of Both Australian business confidence and conditions for July, with the readings of 11 and 8 respectively, against 8 and 2 in June, AUD/USD remains a benign trade although picking up some pips to the upside immediately on the release, so relatively there has been some movement on this data release.

      AUD/USD levels

      Current price is 0.9260, with resistance ahead at 0.9268 (Hourly 20 EMA) and 0.9277 (Daily Open). Next support to the downside can be found at 0.9246 (Daily Classic S1), 0.9218 (Weekly Classic S1) and 0.9217 (Daily Classic S2).

      Australia: Business confidence/conditions surprise to the upside

      Both Australian business confidence and conditions improved significantly in July, posting readings of 11 and 8 respectively, against 8 and 2 in June.
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      AUD/JPY popping up through channel resistance

      AUD/JPY is trading at 94.84, up 0.20% on the day, having posted a daily high at 94.87 and low at 94.58.
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