AUDUSD Classic Technical Report 07.31.2012

RELATED QUOTES

SymbolPriceChange
AUDUSD=X0.9280-0.0085

Prices are testing above resistance at the top of a rising channel carved out since late June, with a break higher exposing the next major upside barrier at 1.0636. Near-term support is in the 1.0225-1.0313 area, with a daily close below that clearing the way for a test of 1.0099 and the parity level.

AUDUSD_Classic_Technical_Report_07.31.2012_body_Picture_5.png, AUDUSD Classic Technical Report 07.31.2012

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.9280-0.0085-0.90%
    AUDUSD=X
    0.5521-0.0045-0.81%
    AUDGBP=X
    0.6705-0.0079-1.17%
    AUDEUR=X
  • Commodities
    Commodities
    NamePriceChange% Chg