AUD/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart. AUD/USD bears are rejecting the 0.7100 figure along with the 50 and 100-period simple moving average. The path of least resistance is to the downside suggesting that a break of the 0.7050 support might lead to a retest of the 2018 low at the 0.7020 level. A break above 0.7100 on a daily closing basis would invalidate the bearish bias. AUD/USD 4-hour chart Main trend: Bearish 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: 0.7020 current 2018 low Support 4: 0.6830 January 15, 2016 low Additional key levels at a glance AUD/USD Overview: Last Price: 0.7064 Daily change: -29 pips Daily change: -0.409% Daily Open: 0.7093 Trends: Daily SMA20: 0.7106 Daily SMA50: 0.7186 Daily SMA100: 0.7292 Daily SMA200: 0.7513 Levels: Daily High: 0.7106 Daily Low: 0.702 Weekly High: 0.7128 Weekly Low: 0.702 Monthly High: 0.7316 Monthly Low: 0.7085 Daily Fibonacci 38.2%: 0.7073 Daily Fibonacci 61.8%: 0.7053 Daily Pivot Point S1: 0.704 Daily Pivot Point S2: 0.6988 Daily Pivot Point S3: 0.6954 Daily Pivot Point R1: 0.7126 Daily Pivot Point R2: 0.7159 Daily Pivot Point R3: 0.7211 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 NZD/USD doesn’t react to trade-war healines, looks to close flat near 0.6530 FX Street 4 years AUD/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart. AUD/USD bears are rejecting the 0.7100 figure along with the 50 and 100-period simple moving average. The path of least resistance is to the downside suggesting that a break of the 0.7050 support might lead to a retest of the 2018 low at the 0.7020 level. A break above 0.7100 on a daily closing basis would invalidate the bearish bias. AUD/USD 4-hour chart Main trend: Bearish Resistance 1: 0.7085, September 11 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.
