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AUD/USD breaks below 0.9270 key

FXStreet (San Francisco) - The Aussie is extending its decline from September 1 high at 0.9350 and now the pair just broke August 25 low of 0.9270 and it extended decline to minimums since August 21 at 0.9265.

Currently, AUD/USD is trading at 0.9278, down -0.57% on the day, having posted a daily high at 0.9339 and low at 0.9268. The FXStreet OB/OS Index is reflecting extremely oversold hourly conditions, while the FXStreet Trend Index is slightly bearish.

AUD/USD levels

Below the 0.9270, the AUD/USD will face next supports at 0.920 and 0.9235. On the upside, resistances are at 0.9300, 0.9350 and 0.9375.

GBP/USD breaks below 1.6500

The GBP/USD was dragged lower by a another wave of dollar demand after ISM manufacturing PMI came in stronger-than-expected.
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US Manufacturing booming - ING

Rob Carnell from ING comments on the US ISM Manufacturing numbers which came in stronger than expected in August, growing to 59 from 58 seen in July.
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