The Aussie is trading near its lowest point since the start of the week. The level to beat for bears is the 0.6795 support. AUD/USD daily chart AUD/USD is trading in a downtrend below the main daily simple moving averages (DMAs) on the daily chart. FOMC minutes: Most policymakers said rate cut was warranted due to global weakness. AUD/USD 4-hour chart The market is under pressure below its main SMAs near the November lows. The spot is currently sitting near the 0.6795 support level. A break below it can lead to 0.6773 (swing low) and to the 0.6740 level, according to the Technical Confluences Indicator. AUD/USD 30-minute chart AUD/USD is trading at weekly lows below its main SMAs, suggesting a bearish bias. Resistances are seen at the 0.6810, 0.6834 and 0.6868 price levels, according to the Technical Confluences Indicator. Additional key levels 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 Forex Today: Trade-deal headlines and FOMC minutes were the focus FX Street 3 years The Aussie is trading near its lowest point since the start of the week. The level to beat for bears is the 0.6795 support. AUD/USD daily chart AUD/USD is trading in a downtrend below the main daily simple moving averages (DMAs) on the daily chart. FOMC minutes: Most policymakers said rate cut was warranted due to global weakness. AUD/USD 4-hour chart The market is under pressure below its main SMAs near the November lows. The spot is currently sitting near the 0.6795 support level. A break below it can lead to 0.6773 (swing low) and… 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.
