Forex: AUD/USD trading at 0.9161

on Jul 5, 2013
Listen Friday July 05th_: After yesterday’s gain of 0.35 percent the pair is currently changing hands at 0.9161.

The daily chart shows a MACD (9,12,1) convergence, a bullish sign. If the price ascends, the levels of 0.9179, 0.9189 and 0.9250 may act as resistances and force the pair to rebound.
Such a downtrend would continue after the Wednesday low of 0.9034 is broken.
Resistance levels significant today: 0.9180, 0.9215 and 0.9255.
Significant support levels: 0.9125, 0.9085 and 0.9040.

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