AUD/USD is retracing down in the New York session after the inflation data in the United States. The US Core Consumer Price Index (CPI) came out as expected at 2.4% YoY. The level to beat for sellers is the 0.6752 support. AUD/USD daily chart The Aussie is trading in a bear trend below the main daily simple moving averages (SMAs) on the daily chart. This Thursday, the US Core Consumer Price Index (CPI) came out as expected at 2.4% YoY. AUD/USD 4-hour chart The AUD/USD exchange rate is trading between the 50 and 200 SMAs, suggesting a consolidation phase in the medium term. The market is challenging the 0.6752 support. A break below the level can see the Aussie going back to the 0.6720/0.6700 support zone, according to the Technical Confluences Indicator. AUD/USD 30-minute chart AUD/USD is trading above the main SMAs on the 30-minute chart, suggesting bullish momentum in the near term. Immediate resistances are seen at the 0.6780 and 0.6820 price levels. 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 Forex News Today: Daily Trading News share Read Next Irish PM Varadkar: Eyeing a detailed discussion to see if we can make any progress on Brexit FX Street 4 years AUD/USD is retracing down in the New York session after the inflation data in the United States. The US Core Consumer Price Index (CPI) came out as expected at 2.4% YoY. The level to beat for sellers is the 0.6752 support. AUD/USD daily chart The Aussie is trading in a bear trend below the main daily simple moving averages (SMAs) on the daily chart. This Thursday, the US Core Consumer Price Index (CPI) came out as expected at 2.4% YoY. AUD/USD 4-hour chart The AUD/USD exchange rate is trading between… 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.
