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5 Apr 2013
Forex: AUD/USD falls to 1.0400 on NFP data
FXstreet.com (San Francisco) - The Aussie reacted to the down side against the Greenback following the weak-than-expected Non farm payrolls but better unemployment data in the US. The AUD/USD declined 35 pips from 1.0435 to test the 1.0400 support again. But as the pair performed in the early Asian session, it was rejected again.
Currently the AUD/USD is trading at 1.0405, 0.30% below opening price action and testing the support again. Indicators are mixed with Momentum being bullish, CCI bearish and Stochastic and MACD going neutral.
Below 1.0400, next supports are at 1.0385, 1.0360. On the upside, 1.0435, 1.0450 and 1.0475 are resistances.
Currently the AUD/USD is trading at 1.0405, 0.30% below opening price action and testing the support again. Indicators are mixed with Momentum being bullish, CCI bearish and Stochastic and MACD going neutral.
Below 1.0400, next supports are at 1.0385, 1.0360. On the upside, 1.0435, 1.0450 and 1.0475 are resistances.