FXstreet.com (Barcelona) - Australian Dollar rally from Nov 3 low at 0.8915 has extended past 0.9330/40 area on the back of positive employment data, and the pair reached a fresh year to date high at 0.9370, to ease afterwards, and reach levels at 0.9320 area at the moment of writing.

Initial support lies right at 0.9320 (Nov/10 high) and below here, 0.9255/70 (Nov 10 and 11 low) and 0.9195/00 (Nov 6high/Nov 9 low).

Resistance levels are 0.9370, and above here, 0.9417 area, August 2008 highs and then, 0.9470 zone.

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