Jan. 12 (Bloomberg) -- The following table shows the levels
of support and resistance, relative strength indexes, moving
averages and Bollinger bands for the Australian dollar against
the U.S. dollar as of January 12.
*T
Last Price 0.6986 Relative Strength
High Price 0.7021 9-day 28.41
Low Price 0.6940 14-day 33.89
Resistance 3 .7144
Resistance 2 .7063 Moving Averages
Resistance 1 .7025 30-day 0.7205
200-day 0.7393
Pivot Point .6982
Bollinger Bands
Support 1 .6944 Upper 0.7399
Support 2 .6901 Middle 0.7177
Support 3 .6820 Lower 0.6954
*TPivot points identify areas of potential support for a
falling market and resistance in a rising market, based on the
previous day's high, low and closing prices. There are seven
levels, and the middle level signals a change in sentiment.
Relative strength indexes show how rapidly prices have
advanced or dropped during a specified time period. Readings
above 70 indicate a price may be poised to fall, and readings
below 30 indicate it may be poised to rise.
Moving averages point to changes in price trends. When the
30-day average breaks above the 200-day average, for example, the
move suggests that prices may rise, and vice versa.
Bollinger bands, developed by analyst John Bollinger, are
based on historical price swings. The bands narrow and widen to
reflect the size of those moves, and represent possible support
and resistance levels.