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9 Jun 2014
AUD/USD erases daily gains
FXStreet (Córdoba) - The Australian dollar, that started the day as the best performer in FX market, surrendered gains against the greenback after reaching 3 week highs.
The AUD/USD faced strong resistance at the 0.9360 zone and slid back to the 0.9335 area, completely retracing its intraday advance. At time of writing, the Aussie is trading at 0.9340, little changed since opening.
AUD/USD technical levels
In terms of technical levels, to the downside, the AUD/USD could find next supports at 0.9333 (Jun 9 low), 0.9318 (Jun 6 low) and 0.9300 (psychological level). To the upside, resistances are now seen at 0.9362 (Jun 9 high), 0.9373 (May 19 high) and 0.9400 (psychological level).
The AUD/USD faced strong resistance at the 0.9360 zone and slid back to the 0.9335 area, completely retracing its intraday advance. At time of writing, the Aussie is trading at 0.9340, little changed since opening.
AUD/USD technical levels
In terms of technical levels, to the downside, the AUD/USD could find next supports at 0.9333 (Jun 9 low), 0.9318 (Jun 6 low) and 0.9300 (psychological level). To the upside, resistances are now seen at 0.9362 (Jun 9 high), 0.9373 (May 19 high) and 0.9400 (psychological level).