The Aussie is back on the defensive after the US Dollar picked up across the broader market, buoyed by rising US Treasury yields. Friday will again see market direction decided by Greenback traders with US GDP figures due in the upcoming American session. Daily candles has the AUD/USD consolidating near recent lows, and failure to break lower could see the AUD take a swing higher in the coming weeks. AUD/USD Chart, 15-Minute Spot rate: 0.7377 Relative change: Negligible High: 0.7382 Low: 0.7373 Trend: Bearish Support 1: 0.7371 (previous day low) Support 2: 0.7358 (July 24th swing low) Support 3: 0.7312 (S2 daily pivot) Resistance 1: 0.7400 (major technical level) Resistance 2: 0.7428 (61.8% Fibo retracement level) Resistance 3: 0.7636 (current week high) 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 USD/JPY: holding above 111 the figure, although 100-hr SMA fragile FX Street 5 years The Aussie is back on the defensive after the US Dollar picked up across the broader market, buoyed by rising US Treasury yields. Friday will again see market direction decided by Greenback traders with US GDP figures due in the upcoming American session. Daily candles has the AUD/USD consolidating near recent lows, and failure to break lower could see the AUD take a swing higher in the coming weeks. AUD/USD Chart, 15-Minute Spot rate: 0.7377 Relative change: Negligible High: 0.7382 Low: 0.7373 Trend: Bearish Support 1: 0.7371 (previous day low) Support… 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.
