AUD/USD found some resistance a little above 0.7476 May 30 low near the 50-period simple moving avearge on the daily chart. The last AUD/USD 120-pip bull run was lead by some strength in gold (AUD is positively correlated to it) and USD weakness. Now gold is weakening and USD is gaining some steam favoring AUD/USD bearish bias. If the bear pullback extends supports are likely seen near 0.7442 June 25 high and 0.7400 figure. AUD/USD 15-minute chart Spot rate: 0.7466 Relative change: 0.46% High: 0.7485 Low: 0.7427 Trend: Bearish Resistance 1: 0.7485-0.7488-0.7494 current week’s high, 200-period SMA (4h), 50-daily SMA Resistance 2: 0.7600 figure Resistance 3: 0.7674 swing high Support 1: 0.7442 June 25 high Support 2: 0.7400 figure Support 3: 0.7380 June 26 low Support 4: 0.7364 June 28 high Support 5: 0.7345 congestion zone Support 6: 0.7310 current 2018 low AUD/USD daily chart 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 Former British Foreign Sec Johnson: Brexit dream is dying, suffocated by needless self-doubt FX Street 3 years AUD/USD found some resistance a little above 0.7476 May 30 low near the 50-period simple moving avearge on the daily chart. The last AUD/USD 120-pip bull run was lead by some strength in gold (AUD is positively correlated to it) and USD weakness. Now gold is weakening and USD is gaining some steam favoring AUD/USD bearish bias. If the bear pullback extends supports are likely seen near 0.7442 June 25 high and 0.7400 figure. AUD/USD 15-minute chart Spot rate: 0.7466 Relative change: 0.46% High: … Top 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.
