The Aussie had opened slightly higher against the USD. There seems to be a little bit of weakness in the USD following Janet Yellen’s speech at Jackson Hole on Friday. It's looking more likely that we might end up hitting 80 cents in the near future.
For now here’s a quick look at the key levels for AUD/USD traders for Monday.
Key Levels
Support | Resistance |
0.7900 | 0.7950 |
0.7885 | 0.8000 |
0.7850 | 0.8040 |
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About the author
Rowan Crosby
// Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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