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27 Nov 2014
AUD/USD up to test resistance on decent Capex
FXStreet (Guatemala) - AUD/USD is trading at 0.8560, up 0.11% on the day, having posted a daily high at 0.8565 and low at 0.8530.
AUD/USD is up to fresh highs on the Asia n session on the back of much better than expected Private Capital Expenditure data. The pair testing the resistance ahead of the way to the 0.86 handle. The headline figure was 0.2% q/q vs expected -1.9% and the key equipment, plant and machinery” component was a huge +4.4% q/q vs -1.0%.
Key levels to the upside in AUD/USD
With spot trading at 0.8560, we can see next resistance ahead at 0.8565 (Daily High), 0.8568 (Yesterday's High), 0.8586 (Daily Classic R1), 0.8597 (Hourly 100 SMA) and 0.8621 (Daily Classic R2).
AUD/USD is up to fresh highs on the Asia n session on the back of much better than expected Private Capital Expenditure data. The pair testing the resistance ahead of the way to the 0.86 handle. The headline figure was 0.2% q/q vs expected -1.9% and the key equipment, plant and machinery” component was a huge +4.4% q/q vs -1.0%.
Key levels to the upside in AUD/USD
With spot trading at 0.8560, we can see next resistance ahead at 0.8565 (Daily High), 0.8568 (Yesterday's High), 0.8586 (Daily Classic R1), 0.8597 (Hourly 100 SMA) and 0.8621 (Daily Classic R2).