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AUD/USD Technical Analysis: Aussie bulls looking for a breakout ahead of Australian GDP

AUD/USD 4-hour chart

  • Aussie bulls found some support at 0.7060 level.  
  • Bull targets are at 0.7140 and 0.7200 level.
  • However, a break below 0.7060 would open the doors to 0.7100 figure.
  • The Australian GDP will be released at 00.30 GMT and can lead to volatility in the market.

Additional key levels

AUD/USD

Overview:
       Today Last Price:  0.7084
       Today Daily change %:  -0.10%
       Today Daily Open:  0.7091
Trends:
       Daily SMA20:  0.7124
       Daily SMA50:  0.7134
       Daily SMA100:  0.7164
       Daily SMA200:  0.725
Levels:
       Previous Daily High:  0.7118
       Previous Daily Low:  0.7074
       Previous Weekly High:  0.7199
       Previous Weekly Low:  0.7069
       Previous Monthly High:  0.7285
       Previous Monthly Low:  0.7053
       Daily Fibonacci 38.2%:  0.7091
       Daily Fibonacci 61.8%:  0.7101
       Daily Pivot Point S1:  0.7071
       Daily Pivot Point S2:  0.7051
       Daily Pivot Point S3:  0.7027
       Daily Pivot Point R1:  0.7114
       Daily Pivot Point R2:  0.7138
       Daily Pivot Point R3:  0.7158

 

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