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5 Jul 2013
AUD/USD extends decline below 0.9130
FXstreet.com (Barcelona) - The AUD/USD foreign exchange rate is last trading at 0.9129, off recent session lows at 0.9121, extending the decline initiated around session highs at 0.9153 by early Tokyo trade.
AUD/USD heavy on the crosses
According to FXWW founder Sean Lee the Aussie is having heavy adjustments in the crosses, which is the driving force behind recent AUD/USD weakness. The analyst believes the “psychological support at .9000 will be tough to break initially.”
NZD/JPY key technical levels
Immediate support to the downside for AUD/USD lies at mentioned session lows 9.9120, followed by Wednesday's NY session highs at 0.9100, and yesterday's lows at 0.9071. To the upside, closest resistance shows at June 24 lows 0.9147, followed by NY session highs at 0.9180, and yesterday's highs at 0.9191.
AUD/USD heavy on the crosses
According to FXWW founder Sean Lee the Aussie is having heavy adjustments in the crosses, which is the driving force behind recent AUD/USD weakness. The analyst believes the “psychological support at .9000 will be tough to break initially.”
NZD/JPY key technical levels
Immediate support to the downside for AUD/USD lies at mentioned session lows 9.9120, followed by Wednesday's NY session highs at 0.9100, and yesterday's lows at 0.9071. To the upside, closest resistance shows at June 24 lows 0.9147, followed by NY session highs at 0.9180, and yesterday's highs at 0.9191.