AUD/USD Hit 9335/40 Resistance
Jason Sen | Aug 06, 2014 03:48AM ET
The AUD/USD hit resistance at 9335/40 and topped almost exactly here at 9343. Immediate support at 9300/9295 did also hold the downside yesterday, but outlook is more negative and below here a retest of good support at 9275/70 likely today. This should hold the downside but if we continue lower look for a test of trend line support at 9250/45 and a low for the day expected, but longs need stops below 9230.
Immediate resistance at 9310/20 could hold a move higher but above here a selling opportunity at 9340/45.
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