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8 Aug 2016
AUD/USD climbs to fresh daily highs
AUD/USD advanced to fresh daily highs at the beginning of the New York session, as the greenback trades mixed across the board following Friday’s jobs report.
AUD/USD managed to trim some of its post-NFP losses and climbed to a peak of 0.7639, having recovered from a daily low of 0.7596 . At time of writing, the pair is trading near highs at 0.7635, recording a 0.23% gain on the day.
AUD/USD levels to consider
In terms of technical levels, next resistances could be found at 0.7663 (Aug 5 high), 0.7675 (Jul 15 high) and 0.7700 (psychological level). On the other hand, supports are seen at 0.7596 (Aug 8 low), 0.7567 (Aug 3 low) and 0.7570 (10-day SMA).