Market Cap:
$233B
BTC Dominance:
65.73%
btc:
$8,505.71
eth:
$180.45
xrp:
$0.26
Advertise
Forex

25 Sept 2014 AUD/USD Analysis

25 Sept 2014 AUD/USD Analysis

AUDUSD, AUD/USD, Aussie, Aussie Dollar, Australian, RBA, Reserve Bank of Australia, AUD AUD/USD extends drop after temporary rebound off 0.884

AUDUSD, AUD/USD, Aussie, Aussie Dollar, Australian, RBA, Reserve Bank of Australia, AUD 0.8825 support possible for retracement from the downtrend

AUDUSD, AUD/USD, Aussie, Aussie Dollar, Australian, RBA, Reserve Bank of Australia, AUD Downtrend line holds firm as AUDUSD averages move lower

The U.S dollar strengthened across the board against the major currencies, pushing AUD/USD lower towards the 0.88 mark. The downtrend line in red remains firmly in place with no signs of breaking step as the market deciphers the indicators from the U.S market and the lack of optimism on the Australian dollar.

 

Trend Direction
S3
S2
S1
R1
R2
R3
Entry
Stop Loss
Exit
Bearish/ Near support 0.874 0.880.88250.8870.890.9

Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ Markets.com, nor should they be attributed to AtoZMarkets.