AUD/USD is trading in a bear trend below the 100-period simple moving average. AUD/USD found strong support after the market reached a new yearly low. Bulls objective is to reach 0.7100 where is the 50 and 100 SMA. A break of 0.7100 would open the gates to 0.7144 (September 5 low). AUD/USD 4-hour chart Spot rate: 0.7064 Relative change: -0.24% High: 0.7084 Low: 0.7020 Main trend: Bearish Short-term: Bullish Resistance 1: 0.7085, September 11 low Resistance 2: 0.7100 figure Resistance 3: 0.7144 September 5 low Resistance 4: 0.7174-0.7200 zone, 200 SMA (4H) and August 15 low Resistance 5: 0.7300 figure Support 1: 0.7050 figure Support 2: 0.7041 key support/resistance Support 3: 0.7000 figure Support 4: 0.6830 January 15, 2016 low 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 WTI stays in red below $67 ahead of Baker Hughes’ weekly report FX Street 4 years AUD/USD is trading in a bear trend below the 100-period simple moving average. AUD/USD found strong support after the market reached a new yearly low. Bulls objective is to reach 0.7100 where is the 50 and 100 SMA. A break of 0.7100 would open the gates to 0.7144 (September 5 low). AUD/USD 4-hour chart Spot rate: 0.7064 Relative change: -0.24% High: 0.7084 Low: … 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.
