AUD/USD holds above 0.9400

FXStreet Team FXStreet

FXStreet (CÃ³rdoba) - Even though the AUD/USD has seen intraday volatility, the pair continues to trade above 0.9400, close to multi-month highs during the New York session.

The Aussie climbed to a fresh 5-month high of 0.9460 Thursday, underpinned by much better than expected Australian employment figures which offset falling stocks weigh. With dips contained by the 0.9400 mark, the AUD/USD has managed to hold onto gains and it is presently at 0.9420, up 0.3% on the day.

AUD/USD technical levels

In terms of technical levels, next resistances are seen at 0.9460 (Apr 10 high), 0.9480 (Nov 8 high) and 0.9500 (psychological level). On the flip side, supports are seen at 0.9400 (intraday level), 0.9370 (Apr 10 low) and 0.9334 (Apr 9 low).

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FXStreet Team

FXStreet

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