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Home » USA Trading Sessions » AUD/USD Technical Levels for USA Trading Sessions 01/04/2016

AUD/USD Technical Levels for USA Trading Sessions 01/04/2016

The AUD/USD pair finds the immediate resistance at 0.7700/07 (round number/ Mar 30 High) above which gains could be extended to the next hurdle located at 0.7723/41 (Mar 31 High/ July 2015 High). On the flip side, the immediate support located at 0.7634/29 (5-DMA/ daily S1/). Selling pressure is likely to intensify below the last, dragging the Aussie to 0.7581/70 (1h 200-SMA/ 20-DMA).

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