FXStreet (Tokyo) - The Australian Dollar is trading lower today against its American counterpart as the Aussie is under pressure following yesterday's China trade balance news and the decline in gold prices.
After falling 70 pips from 0.7625, the AUD/USD lost the 0.7600 figure and it's now pricing at daily lows near 0.7550. Currently, AUD/USD is trading at 0.7562, down 0.33% on the day, having posted a daily high at 0.7626 and low at 0.7555.
AUD/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
AUD/USD levels
If the pair extends its decline beyond 0.7550, it will find supports at 0.7530 and 0.7500. To the upside, resistances are at 0.7600, 0.7625 and 0.7650, stated RVD Markets experts (rated among the TOP Forex Brokers Masterforex-V World Academy http://www.masterforex-v.com/).
