15 Sept 2014 AUD/USD Analysis


AUDUSD, AUD/USD, Aussie, Aussie Dollar, Australian, RBA, Reserve Bank of Australia, AUD AUD/USD retest 0.9000

AUDUSD, AUD/USD, Aussie, Aussie Dollar, Australian, RBA, Reserve Bank of Australia, AUD AUDUSD falls for the fifth consecutive day and closes just above 0.9000

AUDUSD, AUD/USD, Aussie, Aussie Dollar, Australian, RBA, Reserve Bank of Australia, AUD AUD/USD at support 0.9000

The Australian Dollar continues to weaken against the U.S dollar and opens around 0.9000 today. With the next support at 0.897 the market likely expect a rebound today off the significant price of 0.9000 so long it does not trade lower. Any break below of 0.897 will see the pair re-attain 0.893 and 0.887 supports.