AUD/USD in hands of market sentiment - FXStreet

FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet noted that the AUD/USD pair legged down to the 0.8160 price zone earlier.

Key Quotes:

"Weighed by soft Chinese growth figures as yearly GDP for 2014 closed at 7.3% while in the 4Q the economy grew just 1.5%."

"There will be no relevant data coming from Australia or China today, leaving AUD/USD in the hands of market sentiment. The 1 hour chart shows that the price trades near its daily low of 0.8159 and below a bearish 20 SMA, albeit indicators hold in neutral territory."

"In the 4 hours chart, the pair is biased lower as per 20 SMA offering now dynamic resistance around 0.8215, while indicators turn south below their midlines."

AUD/USD Jan 21 at 02:41 GMT

0.8193/93 (0.21%)

H0.8196 L 0.8155

S3	S2	S1	R1	R2	R3
0.8097	0.8117	0.8137	0.8198	0.8218	0.8238

Trend Index	OB/OS Index
Data updated on Jan 21 a 02:15 GMT (15-minute timeframe)
Slightly Bullish	Overbought

• 1D
• 1M
• 3M
• 1Y

View AUD/USD technical studies

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