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4 Aug 2014

AUD/USD hits fresh high at 0.9330

FXStreet (Córdoba) - The AUD/USD rose further during the American session and hit a fresh daily high at 0.9330 as the currency market remains quiet on Monday. Price holds near daily highs but unable to break above 0.9330.

The immediate resistance is located at 0.9330/35 (daily high and August 1 high). Above here the next level of short term resistance could be located at 0.9360 (July 22 low).

During the European session the AUD/USD found support at 0.9307 and then bounced to the upside, toward daily highs. Below 0.9307, support might lie at 0.9295 followed by 0.9285 and the important 0.9275, where Friday’s lows lie.
Aug 4, 2014

EUR/USD remains trapped in a range

The EUR/USD has spent most of the day in a very narrow range in the absence of news or economic developments.
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Aug 4, 2014

United States 3-Month Bill Auction declined to 0.025% from previous 0.03%

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