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16 Jan 2015
AUD/USD posts fresh daily highs
FXStreet (Mumbai) - The Aussie edged higher versus the US counterpart in the Asian morning, extending gains from the previous session as markets stabilize after SNB induced tsunami seen yesterday.
Currently, the AUD/USD traded at fresh intraday highs of 0.8246 levels, gaining 0.38% on the day. The AUD/USD pair extended gains after oil prices stabilized and as markets absorbed the Swiss National Bank’s (SNB) announcement which sent the US dollar sharply lower against most of its major trading peers yesterday.
AUD/USD Technical Levels
The pair has an immediate resistance at 0.8255 (Jan 12 High) levels, above which gains could be extended to 0.8275 (Dec 16 High) levels. On the flip side, support is seen at 0.82, from here it to 0.8130 levels.
Currently, the AUD/USD traded at fresh intraday highs of 0.8246 levels, gaining 0.38% on the day. The AUD/USD pair extended gains after oil prices stabilized and as markets absorbed the Swiss National Bank’s (SNB) announcement which sent the US dollar sharply lower against most of its major trading peers yesterday.
AUD/USD Technical Levels
The pair has an immediate resistance at 0.8255 (Jan 12 High) levels, above which gains could be extended to 0.8275 (Dec 16 High) levels. On the flip side, support is seen at 0.82, from here it to 0.8130 levels.