The AUD/USD closed lower at $US0.8963 down from Friday’s close ($US0.9143). This reflected caution among investors after significant falls in equity markets around the world.
The Australian currency is a risk sensitive or growth currency, says Stephen Bartholomeusz (Business Spectator), further adding that the currency tends to rise and fall in tandem with equity and commodity prices.
AUD/USD (Nov 02 at 03:56 GMT)
H 0.9039 L 0.8904
| S3 | S2 | S1 | R1 | R2 | R3 |
| 0.8972 | 0.8995 | 0.9018 | 0.9036 | 0.9059 | 0.9082 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bullish | Neutral |
| Data updated on Nov 02 at 03:45 (15-minute timeframe) |
[ View AUD/USD Technical Studies ]
