Back
20 May 2014
AUD/USD continues its decline and test the 0.9250
FXStreet (San Francisco) - After falling around 85 pips from 0.9330 throughout the day, the AUD/USD is now testing the 0.9250 area, lows since May 2, as investors are weighting rumors that say Australia could lose its AAA rating by S&P.
Currently, AUD/USD is trading at 0.9258, down -0.76% on the day, having posted a daily high at 0.9337 and low at 0.9251. The FXStreet OB/OS Index is reflecting extremely oversold hourly conditions, while the FXStreet Trend Index is slightly bearish.
AUD/USD levels
Below the 0.9250, next supports are seen at 0.9227 (Apr 29 low) and 0.9200 (psychological level/May 2 low). To the downside, there are orders seen at 0.9200-15 buy.
Currently, AUD/USD is trading at 0.9258, down -0.76% on the day, having posted a daily high at 0.9337 and low at 0.9251. The FXStreet OB/OS Index is reflecting extremely oversold hourly conditions, while the FXStreet Trend Index is slightly bearish.
AUD/USD levels
Below the 0.9250, next supports are seen at 0.9227 (Apr 29 low) and 0.9200 (psychological level/May 2 low). To the downside, there are orders seen at 0.9200-15 buy.