FXstreet.com (Barcelona) - After falling around 115 pips from the 0.7316, in the early Asian session, to 0.7199, fresh intra-day low, the AUD/USD has tested 0.7200 level. Currently the pair is trading around 0.7210/20 after falling 0.90% from today's opening price at 0.7279.
Yesterday Aussie rose 0.68% from the opening price at 0.7230, reaching 0.7149 as minimum and 0.7296 as maximum, to close the day at 0.7278.
Rajoo C, analyst at Precise Trader, says: AUD/USD closed above the open. Last hour was unchanged with an Upside bias, expect the price to creep higher during Asian Trading Time.The hourly Osc are bears have to be sidelined. Hourly Trend is Sideways Up and Daily Trend is Sideways ,expect the price to make higher highs but choppy. As long as 7220 is not seen and 7320 gives way expect the price to creep higher.
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