Home AUD/USD technical analysis: Aussie weakening to 4-day lows near 0.6960

AUD/USD technical analysis: Aussie weakening to 4-day lows near 0.6960

Published date: 10 Jun. 2019 | 23:17

AUD/USD daily chart

AUD/USD is in a bear trend below its main daily simple moving averages (DSMAs). The market is trading at its lowest in 4 days.

AUD/USD 4-hour chart

AUD/USD is ending the day on its low challenging the 50 and 200 SMAs.

AUD/USD 30-minute chart

AUD/USD is trading under bearish pressure below its main SMAs. A break below 0.6960 can send the Aussie to 0.6930 and 0.6900 handle. Resistances are seen at the 0.7000 and 0.7020 levels.

Additional key levels

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