- The Aussie remains hung up at this week’s opening prices.
- Monday’s early bullrun came to a quick and quiet end.
AUD/USD is moving sideways at the 0.7350 level following a Monday week opener that started off risk-on, but quickly returned to near-term levels ahead of the Reserve Bank of Australia’s (RA) latest interest rate decision.
The RBA has been stuck on interest rates for over two years, and markets aren’t expecting any movement from the Australian central bank until late 2019 at the earliest, though traders will be taking a close look at the following statement from the RBA, in order to keep an eye on the central bank’s inner dialogues, keeping an eye out for any adjustments to the RBA’s rhetoric.With the RBA set to appear at 03:30 GMT, little else remains on the economic calendar remains until late Tuesday’s speech appearances from FOMC members,
AUD/USD Technical Levels
AUD/USD
Overview:
Today Last Price: 0.7355
Today Daily change: 2.0 pips
Today Daily change %: 0.0272%
Today Daily Open: 0.7353
Trends:
Previous Daily SMA20: 0.7262
Previous Daily SMA50: 0.7183
Previous Daily SMA100: 0.7242
Previous Daily SMA200: 0.7421
Levels:
Previous Daily High: 0.7394
Previous Daily Low: 0.7318
Previous Weekly High: 0.7345
Previous Weekly Low: 0.7199
Previous Monthly High: 0.7345
Previous Monthly Low: 0.7072
Previous Daily Fibonacci 38.2%: 0.7347
Previous Daily Fibonacci 61.8%: 0.7365
Previous Daily Pivot Point S1: 0.7316
Previous Daily Pivot Point S2: 0.7279
Previous Daily Pivot Point S3: 0.724
Previous Daily Pivot Point R1: 0.7392
Previous Daily Pivot Point R2: 0.7431
Previous Daily Pivot Point R3: 0.7468
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