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13 Aug 2014
AUD/USD regains 0.9300 level - FXStreet
FXStreet (Łódź) - FXStreet Chief Analyst Valeria Bednarik remarks that AUD/USD rose above the 0.9300 level and is consolidating its latest intraday gains.
Key quotes
"Technically, the short term picture has turned bullish, with indicators heading north in positive territory and 20 SMA gaining bearish slope well below current price."
"In the 4 hours chart indicators also head higher above their midlines, with immediate resistance now at critical 0.9330 static level."
Key quotes
"Technically, the short term picture has turned bullish, with indicators heading north in positive territory and 20 SMA gaining bearish slope well below current price."
"In the 4 hours chart indicators also head higher above their midlines, with immediate resistance now at critical 0.9330 static level."