The currency pair AUD / USD retreated with subsequent application for further sales in the future. The trading range was about 129-minute items. In this case, reached a maximum mark of High - 0.8615, while Low prices could be seen at a minimum - 0.8485. During the day, expect pullbacAUD / USD is now recovering from multi-year lows near 0.8490 mark, returning to the area of 0.8515 / 20. AUD / USD weakened before publishing information from the RBA. However, the total falling tone AUD saved. The pair continues to decline from 0.8800 levels reached in November. The next major event will be the RBA meeting on Tuesday.

It is expected that the head of the Central Bank of Australia Stevens demonstrate a neutral tone, but traders will pay close attention to his statement, especially after a recent report on capital expenditure. Analysts believe that the USD has launched a long-term recovery and therefore expected to decrease in AUD / USD. However, as soon as possible short-term rally couple on the cover short positions. although the 12-month term, AUD / USD may fall to 0.84. The US dollar became the leader of the Asian session, as the yen and the Aussie fell more other currencies. USD / JPY buying met from the outset. Strong demand was reported near 117.70 on weak inflation data in Japan and led the pair to highs of 118.30 in a thin market.

Technical Analysis

Key levels for AUD / USD are: Now the pair is trading down 0.37% at 0.8518 area. Support held at the levels of 0.8480 (at least November 26), 0.8450 (minimum 7 July 2010) and 0.8315 (at least 1 July 2010). Resistance levels noted at 0.8619 (maximum of 25 November), 0.8648 (10-Day MA) and 0.8673 (21-Day MA).

AUD / USD will fall back up. Price is trading at the lower level of the Ichimoku cloud and moving averages EMA (50 and 100), indicating a state correctional market. Average MACD is negative, but losing its strength, indicate further price roll back up. OsMA pulses being at zero point to weak activity of the market and foreshadow its correction. Significant levels: Buy - 0.8697; 0.8778; Sell - 0.8625; 0.8554. Objectives: correction, said the experts of Forex Trend (rated among the TOP Forex Brokers Masterforex-V World Academy http://www.masterforex-v.com/).

Important news today, Friday:

12:00 - EUR «Consumer Price Index";

15:30 - CAD «GDP."k followed an upward correction within the Ichimoku cloud, toled the analysts of the Forex Broker Company Forex Trend.