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AUD/USD holds above 0.9600 level

FXstreet.com (New York) - The AUD/USD exchange rate is presently operating within close proximity to its intraday highs Thursday (0.9624) during US trading.

AUD/USD stabilizes above 0.9600 level

Although the pair has eased slightly to 0.9614 in these moments, the AUD/USD still is securing a robust gain of +1.36% today. Following an earlier break above resistance at 0.9555, the Mataf.net analyst team postulates the next short-term resistances at 0.9634 onto 0.9703. Alternatively, supports will be faced should the pair drop to the depths of 0.9407, ahead of 0.9338, and 0.9259.

AUD/USD self-sustaining upside?

According to the Technical Analyst Team at ICN.com, “The AUD/USD pair surged and resided above 0.9535 – zones we believe are positive and capable of pushing the pair higher throughout Thursday's trading session.”

USD/CAD consolidating around 1.0170

The USD/CAD is transiting the area around 1.0170 on Thursday, practically ignoring the better data from the US retail sales and jobs reports....
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