The Aussie is down into familiar lows from July’s consolidation ahead of Australian Retail Sales, but the upcoming US NFP release will likely see many traders sitting out for now. A bullish recovery for the AUD/USD is going to have to clear out July’s peaks above 0.74 and make an approach to 0.75 in order to avoid dropping back into the pair’s sideways range. AUD/USD Chart, 15-Minute Spot rate: 0.7361 Relative change: 0.05% High: 0.7365 Low: 0.7356 Trend: Bearish Support 1: 0.7354 (current week low) Support 2: 0.7342 (July 18th swing low) Support 3: 0.7317 (four week low) Resistance 1: 0.7387 (38.2% Fibo retracement level) Resistance 2: 0.7410 (previous day high) Resistance 3: 0.7440 (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 Under a third of UK businesses prepping for Brexit – Reuters FX Street 5 years The Aussie is down into familiar lows from July's consolidation ahead of Australian Retail Sales, but the upcoming US NFP release will likely see many traders sitting out for now. A bullish recovery for the AUD/USD is going to have to clear out July's peaks above 0.74 and make an approach to 0.75 in order to avoid dropping back into the pair's sideways range. AUD/USD Chart, 15-Minute Spot rate: 0.7361 Relative change: 0.05% High: 0.7365 Low: 0.7356 Trend: Bearish Support 1: 0.7354 (current week low) Support 2: 0.7342 (July… 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.
