Search ForexCrunch
  • The Aussie is ending the week near the weekly lows.  
  • The level to beat for sellers is the 0.6773 support.
 

AUD/USD daily chart  

 
The aussie is trading in a downtrend below its main daily simple moving averages (DMAs) on the daily chart. The market is about to end the week below the 0.6800 handle.
 

AUD/USD 4-hour chart

 
The spot remains under pressure below its main SMAs close to the November lows. The market is nearing the 0.6773 (swing low). A break below it can lead to the 0.6740 level, according to the Technical Confluences Indicator.  
 
 

AUD/USD 30-minute chart  

 
AUD/USD is trading at weekly lows below the main SMAs, suggesting a bearish bias. Resistances are seen at the 0.6795 and 0.6810 price levels, according to the Technical Confluences Indicator.  
 

Additional key levels