AUD/USD is consolidating losses as USD is on the back foot. Resistance is seen near the 0.6630 level. AUD/USD daily chart The aussie is bouncing from one-decade lows while trading well below the main daily simple moving averages (SMAs). The trend is clearly to the downside, however, as USD is losing steam across the board, AUD/USD might be correcting up in the coming sessions. A break above the 0.6630 level can lead to further gains towards 0.6650 and 0.6778 levels. Support is seen near 0.6596, 0.6569 and 0.6548 levels, according to the Technical Confluences Indicator. Resistance: 0.6630, 0.6650, 0.6678 Support: 0.6596, 0.6569, 0.6548 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 S&P 500 Price Analysis: Index crashing, on track to worst daily decline since August 2019 FX Street 2 years AUD/USD is consolidating losses as USD is on the back foot. Resistance is seen near the 0.6630 level. AUD/USD daily chart The aussie is bouncing from one-decade lows while trading well below the main daily simple moving averages (SMAs). The trend is clearly to the downside, however, as USD is losing steam across the board, AUD/USD might be correcting up in the coming sessions. A break above the 0.6630 level can lead to further gains towards 0.6650 and 0.6778 levels. Support is seen near 0.6596, 0.6569 and 0.6548 levels, according to the Technical Confluences Indicator. … 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.
