FXstreet.com (Córdoba) - The Australian Dollar is testing levels above 0.9300. AUD/USD peaked earlier at 0.9323, posting a fresh two week high but failed to hold above 0.9300 and pulled down finding support at 0.9260. Form there the pair started to rise again to the current level at 0.9299/0.9304, which is 0.06% above today's opening price.
Michael J. Malpede, analyst at Easy Forex comments: The technical outlook for the AUD is positive as the AUD rallies above 9200. Expect AUD support at 9185 the November 9th low with resistance at 9345 the August 4th 2008 high.