Trading news

Aussie Continues To Dive...

The Australian dollar touched its lowest level against the dollar after the comments made by Fed Governor Bernanke and the possibility of reducing the bond-buying program this year. Australian dollar continued on the fourth day of losses after achieved the highest drop since November 2011 yesterday.

On the other hand, the New Zealand dollar witnessed a fall for a fifth day after the country's economy growth slowed during the first quarter. In the meantime, the Aussie was down against the dollar at 92.62 at the lowest level since September 2010, while the New Zealand dollar fell against the dollar by 0.1% to 78.88, after falling 1.1% yesterday.

Australian dollar /US dollar pair traded at the highest of 0.93117 and at the lowest of 0.92380 While The pair NZD / USD higher level at 0.78878 and a low of 0.78486. The trading range expected for Thursday is between: support at 0.9115 and resistance 0.9430. All in all, the general tendency expected for today: DOWN

Thursday, 20 Jun, 2013 / 9:46

Source : https://www.firstbinaryoption.com

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