AUD/USD is reversing up after reaching yet again a fresh 2020 low. Resistance is seen near the 0.6647 level. AUD/USD daily chart The aussie is attempting to reverse up from one-decade lows while trading well below its main daily simple moving averages (SMAs). The trend is clearly bearish, however, considering the broad-based USD selling and the reversal attempt, AUD/USD might be in for a corrective move up in the coming sessions. A break above the 0.6647 level can lead to further strength towards 0.6675 and 0.6700 levels. Support is seen near 0.6613, 0.6578 and 0.6558 levels, according to the Technical Confluences Indicator. Resistance: 0.6647, 0.6675, 0.6700 Support: 0.6613, 0.6578, 0.6558 Additional key levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Crypto Today: Bitcoin and its peers are subject to a reversal FX Street 2 years AUD/USD is reversing up after reaching yet again a fresh 2020 low. Resistance is seen near the 0.6647 level. AUD/USD daily chart The aussie is attempting to reverse up from one-decade lows while trading well below its main daily simple moving averages (SMAs). The trend is clearly bearish, however, considering the broad-based USD selling and the reversal attempt, AUD/USD might be in for a corrective move up in the coming sessions. A break above the 0.6647 level can lead to further strength towards 0.6675 and 0.6700 levels. Support is seen near 0.6613, 0.6578 and 0.6558 levels, according to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
