FXstreet.com (San Francisco) - The Aussie is joining the US Dollar's weakness with the AUD/USD recovering from 1.0500/20, traded in the European session, to price at the 1.0560 zone. Currently the pair is just at 1.0560, 55 hours MA number.

AUD/USD is on negative territory yet, the pair is losing 0.16% so far today from opening price action. The ICN.com analysts highlight that the pair have to scale the mark of 1.0560, enabling the resistances of 1.0585 and 1.0615. Next supports are at 1.0510, 1.0474, and finally 1.0440.