Forex: AUD/USD -10 pips

By IBTimes Staff Reporter | January 20 2010 10:10 PM

FXstreet.com (London) - The AUD and NZD both have come off from early rises. Pacifics path this session has not been dominated by gold, which has shed significantly in recent trading. Gold was up and down early but has since stabilised at $1110.

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AUD is currently trading bearish this session having shed 10 pips in early trade against the Dollar. Aussie trades at 0.9103 and the Kiwi quotes at 0.7200 , down 14 pips on the session.

In case of reversal we find support for AUD/USD at 0.9085 (consolidation previous session), and for NZD/USD, take 0.7145 (Dec 30 low) and after that 0.7100.

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