Forex: AUD/USD finds support at 1.0380

FXstreet.com (San Francisco) - After falling around 45 pips from intra-day highs at 1.0425 in the American session, the AUD/USD has found support at 1.0380 where the pair has bounced to trade back close to the 1.0400 level.

Currently the pair is trading at 1.0395, 0.24% above today's opening price action. The AUD/USD is slightly bullish according to the FXstreet.com trend index. Indicators are mixed with the Momentum and MACD pointing bullish while the CCI going bearish and the Stochastic neutral in the 1-hour chart.

Below the 1.0380, supports are at 1.0365 and 1.0350. Resistances are at 1.0425, 1.0435 and 1.0450.