The Kiwi gained against the Aussie and the pair is currently trading at 1.2490. The pair is down 1.68% after opening at 1.2511.
While the Aussie rose sharply against most currencies early in the local session, some profit taking may ensue. The dollar rose against a weak USD and was boosted by RBA comments that signalled a possibility of further interest rate rises in Australia, though it remains unclear if this will occur in December or early in 2010.
AUD/USD (Nov 17 at 07:22 GMT)
H 0.938 L 0.932
| S3 | S2 | S1 | R1 | R2 | R3 |
| 0.9287 | 0.9311 | 0.9334 | 0.9348 | 0.9371 | 0.9395 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bearish | Neutral |
| Data updated on Nov 17 at 07:15 (15-minute timeframe) |
[ View AUD/USD Technical Studies ]
