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AUD/USD Technical Analysis: Aussie bears looking at the 0.7070 level

AUD/USD daily chart

  • AUD/USD is trading in a bear trend below the 200-period simple moving average (SMA).
  • The Aussie recovered more than 400 pips following the flash crash last week.

AUD/USD 4-hour chart

  • AUD/USD bullish recovery is now stalling below the 0.7150 resistance and the 200 SMA.

AUD/USD 30-minute chart

  • As long as 0.7150 caps prices, bears might come back and drive the market back to 0.7070 target.

Additional key levels

AUD/USD

Overview:
       Today Last Price:  0.713
       Today Daily change:  -14  pips
       Today Daily change %:  -0.196%
       Today Daily Open:  0.7144
Trends:
       Previous Daily SMA20:  0.7102
       Previous Daily SMA50:  0.7186
       Previous Daily SMA100:  0.7183
       Previous Daily SMA200:  0.7341
Levels:
       Previous Daily High:  0.7151
       Previous Daily Low:  0.7089
       Previous Weekly High:  0.7125
       Previous Weekly Low:  0.6684
       Previous Monthly High:  0.7394
       Previous Monthly Low:  0.7014
       Previous Daily Fibonacci 38.2%:  0.7127
       Previous Daily Fibonacci 61.8%:  0.7113
       Previous Daily Pivot Point S1:  0.7105
       Previous Daily Pivot Point S2:  0.7066
       Previous Daily Pivot Point S3:  0.7043
       Previous Daily Pivot Point R1:  0.7167
       Previous Daily Pivot Point R2:  0.719
       Previous Daily Pivot Point R3:  0.7229

 

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