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26 Aug 2014
AUD/USD offered ahead of Tokyo
FXStreet (Bali) - AUD/USD is trading offered ahead of Tokyo, presently at 0.9275 day lows after failing at 0.9320 resistance during Monday's US session.
The broad-based USD strength at the start of the week in Asia was well maintained along US hours, with the 0.9330 resistance never coming into danger.
According to Jim Langlands, Founder at FXCharts: "In the absence of any data today look for a range of 0.9270/0.9315, but probably ending up somewhere close to current levels, at least until the NY release of the Durable Goods orders."
The broad-based USD strength at the start of the week in Asia was well maintained along US hours, with the 0.9330 resistance never coming into danger.
According to Jim Langlands, Founder at FXCharts: "In the absence of any data today look for a range of 0.9270/0.9315, but probably ending up somewhere close to current levels, at least until the NY release of the Durable Goods orders."