AUD

FXstreet.com (Córdoba) - The Australian Dollar pared gains versus the Greenback at the beginning of the New York session appetite for risk assets tempered following worst-than-expected US jobless claims.

After hitting a 2-day high of 1.0667, AUD/USD lost momentum and has been steadily retreating from there within the last hours, sliding toward the 1.0595/00 zone most recently, where the 20-hour SMA is offering support to the cross.

At time of writing, AUD/USD is quoting at the 1.0600 area, where it still records a 0.2% gain in the global session. As for technical levels, below 1.0600 immediate supports are seen at 1.0580 and 1.0550, while resistances could be found at 1.0670, 1.0700 and 1.0740.