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13 May 2015
AUD/USD clings to 0.8100
FXStreet (Córdoba) - AUD/USD consolidates gains around the 0.8100 level after hitting a 4-month high during the New York session as the greenback was weighed by weaker-than-expected retail sales data.
The Aussie managed to shrug off disappointing Chinese data and turned into one of the best performers of the day, climbing about 160 pips throughout the day toward a high of 0.8123. At time of writing, the pair is trading at 0.8090, recording a 1.44% gain on the day.
AUD/USD levels to watch
As for technical levels, immediate resistances are seen at 0.8123 (daily high), 0.8133 (Jan 22 high) and 0.8200 (psychological level). On the flip side, supports could be found at 0.8000 (psychological level), 0.7948 (daily low).
The Aussie managed to shrug off disappointing Chinese data and turned into one of the best performers of the day, climbing about 160 pips throughout the day toward a high of 0.8123. At time of writing, the pair is trading at 0.8090, recording a 1.44% gain on the day.
AUD/USD levels to watch
As for technical levels, immediate resistances are seen at 0.8123 (daily high), 0.8133 (Jan 22 high) and 0.8200 (psychological level). On the flip side, supports could be found at 0.8000 (psychological level), 0.7948 (daily low).