FXstreet.com (Córdoba) - The aussie, as most currencies in the FX market, has spent the day in consolidation mode as investors stay sidelined ahead of the Fed and the ECB policy decisions this week.
Having set a fresh 4-month high of 1.0537 during the European session, AUD/USD settled a tad lower and it is currently trading at the 1.0515 area, just 0.1% above its opening price.
On the upside, next resistance levels are seen at 1.0540, 1.0560 and 1.0600, while on the downside supports could be found at 1.0480, 1.0440 and then at 1.0400.
Having set a fresh 4-month high of 1.0537 during the European session, AUD/USD settled a tad lower and it is currently trading at the 1.0515 area, just 0.1% above its opening price.
On the upside, next resistance levels are seen at 1.0540, 1.0560 and 1.0600, while on the downside supports could be found at 1.0480, 1.0440 and then at 1.0400.
