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24 Feb 2014
AUD/USD in consolidation mode after trading at 1-week high
FXStreet (San Francisco) - The Aussie traded positive against the US dollar on the Monday session with the pair breaking above the 0.9000 area and testing levels around 0.9050, highest since February 18.
The AUD/USD is currently trading at 0.9038, 0.78% positive on the day. The short term perspective remains, however, slightly bearish according to the FXStreet trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the Stochastic is bullish and the MACD is neutral.
AUD/USD key levels
Above the 0.9050 area, the AUD/USD would face resistances at 0.9065 and 0.9080. On the downside, the pair would find supports at 0.9020, 0.9000 and 0.8935.
The AUD/USD is currently trading at 0.9038, 0.78% positive on the day. The short term perspective remains, however, slightly bearish according to the FXStreet trend index in the 15-minute chart. CCI and Momentum are pointing to the south while the Stochastic is bullish and the MACD is neutral.
AUD/USD key levels
Above the 0.9050 area, the AUD/USD would face resistances at 0.9065 and 0.9080. On the downside, the pair would find supports at 0.9020, 0.9000 and 0.8935.