##{"id":59248,"date":"2011-12-02T09:54:43","date_gmt":"2011-12-01T22:54:43","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/12\/02\/audusd-support-at-1-0080\/"},"modified":"2011-12-02T09:54:43","modified_gmt":"2011-12-01T22:54:43","slug":"audusd-support-at-1-0080","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/12\/02\/audusd-support-at-1-0080\/","title":{"rendered":"AUD\/USD Support At 1.0080"},"content":{"rendered":"<p>\n\tBy <span>Jamies<\/span> <span>Saettele<\/span><\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/dailyfx2-12.jpg\" style=\"width: 700px;height: 523px\" \/><\/p>\n<p>\n\tPrepared by Jamie <span>Saettele<\/span>, <span>CMT<\/span><\/p>\n<p>\n\tThe <span>AUDUSD<\/span> hasn&rsquo;t seen moves like this since the insanity that was late 2008 \/ early 2009 (that is not hyperbole, the <span>AUDUSD<\/span> rallied nearly 6% from Monday to Wednesday and the only time that has happened (3 day rally &gt; 5%) is the late 2008 \/ early 2009 period). It is worth noting that the first several of those 5% moves in 2008 were blips in a larger downtrend. The current <span>AUDUSD<\/span> rally comes after a major <span>trendline<\/span> break and 13, 52 week <span>SMA<\/span> cross. The latter is acting as resistance. 10080 (former resistance and 20 day average) is now near term support. It is certainly worth noting the presence of a potential inverse head and shoulders since the August low.<\/p>\n<p>\tThe views expressed are not <span>FNArena&#039;s<\/span> (see our disclaimer).<\/p>\n<p>\n\tFor real time news and analysis, please visit http:\/\/<span>www.dailyfx.com<\/span>\/real_time_news<\/p>\n<p>\n\t<span>DailyFX<\/span> provides <span>forex<\/span> news on the economic reports and political events that influence the currency market. Learn currency trading with a free practice account and charts from <span>FXCM<\/span>.<\/p>\n<p>\n\t<span>www.dailyfx.com<\/span><\/p>\n<p>\n\t<em><strong>Disclaimer<\/strong><\/em><\/p>\n<p>\n\t<em><u><span>Forex<\/span> Capital Markets is headquartered at Financial Square 32 Old Slip, 10th Floor, New York, NY 10005 USA.<\/u><\/em><\/p>\n<p>\n\t<em>Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before you decide to trade the foreign exchange products offered by <span>Forex<\/span> Capital Markets, LLC, <span>Forex<\/span> Capital Markets Limited, inclusive of all EU branches, <span>FXCM<\/span> Asia Limited, or <span>FXCM<\/span> Australia Limited, any affiliates of aforementioned firms, or other firms under the <span>FXCM<\/span> group of companies [collectively <span>recipient.&rdquo;<\/span><\/em><\/p>\n<p>\n\t<strong>Technical limitations<\/strong><\/p>\n<p>\n\t<strong><span style=\"font-style: italic\">If you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, <em>we <span>apologise<\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market analysts at FXCM suggest recent moves in the Australian dollar against the greenback leave US100.80c as near-term support for the currency.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[29],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59248"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=59248"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59248\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=59248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=59248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=59248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}