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AUD/USD Price Analysis: Aussie starts the week with a run to 2-day highs

  • AUD/USD pops to fresh 2-day highs this Monday.
  • The level to beat for buyers is the 0.6570 resistance.
 

AUD/USD four-hour chart

 
AUD/USD is turning higher challenging the 0.6500 figure while trading above the main SMAs on the four-hour chart. However, the bullish attempt might be limited as the market would need to surpass the 0.6570 resistance to confirm new highs. Meanwhile, the bears will see this as a selling opportunity with 0.6400 on the radar. 
 
 
Resistance: 0.6500, 0.6570, 0.6700
Support: 0.6400, 0.6375, 0.6300
 

Additional key levels

 

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