Forex: AUD/USD rising unabated, trading at 1.0150 (Barcelona) - The currencies tied to resources this morning, such as the aussie, have advanced Tuesday as risk appetite has begun to envelop the European session this morning. The pair is extending an impressive rally, spanning several days, and is presently operating at 1.0150. The next big event of importance in Australia is the Conference Board – Australia Leading Index (April), scheduled to be released at 00:00 GMT tomorrow morning.

At the time of writing, the cross is advancing +0.26% and, according to the analysts, will encounter resistive measures at 1.0153, 1.0190, and finally 1.0239. Conversely, the pair will meet levels of support at 1.0067, then 1.0018, and ultimately 0.9981

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.