Aussie Touch 3-month Low At 1.0250

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Monexnews-with the current weakened Aussie around 0.68% for this week since Friday's closure, the Aussie is trading near the low 1.0251 and 3 months.

Sean Lee of FXWW: Aussie sentiment still weak and back losing position against the Euro and dollar New Zealand but price movement limits are at 1.0250 and action against AUDJPY buy back provides support.

"In graph per hour," said Valeria Bednarik, an analyst from FXstreet.com, "showed that the HIGH SCHOOL-20 showed a curve above the current price bearish while some indicators are moving down to the area of the middle price, showed a fall of potential follow-up. In the graph per 4 hours also shows the existence of the movement down, while the existing momentum accelerates HIGH SCHOOL-20 down while holding the up movement in some efforts to strengthen the position of the price back up, "Bednarik disimpulan.

Valeria noted the range of support at 1.0260, 1.0220 and 1.0170. While the range of resistance was at 1.0300, 1.0330 and 1.0370.

(AR)

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Title Post: Aussie Touch 3-month Low At 1.0250
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