AUD/USD is nearing the 50 simple moving average (SMA) on the daily chart. The level to beat for bulls is the 0.6400 handle. AUD/USD daily chart AUD/USD bullish recovery is intact as the aussie is trading in one-month highs and challenging the 50 SMA on the daily time frame. AUD/USD four-hour chart AUD/USD is trading above the main SMAs on the four-hour chart suggesting bullish momentum in the medium term. A break above 0.6400 should introduce scope for an extension of the current bull run towards higher levels, namely the 0.6500 and 0.6600 figures can be on the bulls’ radar in the near future. Conversely, support is expected to emerge near the 0.6200, 0.6100 and 0.6000 levels on any retracements. 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 EUR/JPY falls to one-week lows, eyes 117.00 FX Street 2 years AUD/USD is nearing the 50 simple moving average (SMA) on the daily chart. The level to beat for bulls is the 0.6400 handle. AUD/USD daily chart AUD/USD bullish recovery is intact as the aussie is trading in one-month highs and challenging the 50 SMA on the daily time frame. AUD/USD four-hour chart AUD/USD is trading above the main SMAs on the four-hour chart suggesting bullish momentum in the medium term. A break above 0.6400 should introduce scope for an extension of the current bull run towards higher levels, namely the 0.6500 and 0.6600 figures can be on… Top 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.
