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AUD/USD Technical Analysis: Aussie is creeping up towards 0.7200 figure ahead of the FOMC minutes

AUD/USD daily chart

  • AUD/USD is trading in a bear trend below the 200 SMA.
  • AUD/USD is testing the 50 and 100 SMA near the 0.7200 figure.
  • The FOMC minutes at 19:00 GMT will likely provide high volatility in the forex market.

AUD/USD 4-hour chart

  • AUD/USD is reclaiming the 0.7150 level end the 200 SMA.  

AUD/USD 30-minute chart

  • The level to beat for bulls is the 0.7200 figure.  
  • On the flip side, bears have the main trend on their side and the main target to the downside might be located near 0.7100 figure.  

Additional key levels

AUD/USD

Overview:
       Today Last Price:  0.7177
       Today Daily change:  38  pips
       Today Daily change %:  0.532%
       Today Daily Open:  0.7139
Trends:
       Previous Daily SMA20:  0.7099
       Previous Daily SMA50:  0.7187
       Previous Daily SMA100:  0.7181
       Previous Daily SMA200:  0.7338
Levels:
       Previous Daily High:  0.7151
       Previous Daily Low:  0.7116
       Previous Weekly High:  0.7125
       Previous Weekly Low:  0.6684
       Previous Monthly High:  0.7394
       Previous Monthly Low:  0.7014
       Previous Daily Fibonacci 38.2%:  0.7129
       Previous Daily Fibonacci 61.8%:  0.7138
       Previous Daily Pivot Point S1:  0.712
       Previous Daily Pivot Point S2:  0.71
       Previous Daily Pivot Point S3:  0.7085
       Previous Daily Pivot Point R1:  0.7155
       Previous Daily Pivot Point R2:  0.717
       Previous Daily Pivot Point R3:  0.719

 

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