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- AUD/USD upside halts shy of 0.75 handle, pair remains capped below for 2nd consecutive day.
- 5-DMA at 0.7458 is strong support on the downside, break below could see drag upto 0.7386 (61.8% Fib).
- On the flipside, we see major resistance at 200-DMA (0.7523), further upside only on break above.
- Support levels - 0.7461 (50% Fib), 0.7458 (5-DMA), 0.74, 0.7386 (61.8% Fib)
- Resistance levels - 0.75, 0.7519 (20-DMA), 0.7523 (200-DMA)
FxWirePro's Hourly AUD Spot Index was at 90.3195 (Bullish), while Hourly USD Spot Index was at -82.7289 (Bearish) at 0420 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex
