AUD/USD jumps to test Sept 23 and 23 highs

FXstreet.com (San Francisco) - The Aussie has accelerated in the latest hour against the US Dollar as the pair has jumped 30 pips from 0.9425 to test September 20 and 23 highs at 0.9457 area.

Currently, the AUD/USD exchange rate is at 0.9455, 0.60% positive on the day. The short term perspective remains slightly bullish according to the FXstreet.com trend index in the 1-hour chart. Indicators such as Momentum and CCI are pointing to the north while the Stochastic and MACD are neutral.

Technical levels on the AUD/USD

On the upside, the AUD/USD would face resistances at 0.9500 and 0.9522. On the downside supports are at 0.9420, 0.9400 and 0.9370.