AUD/USD daily chart The AUD/USD pair is on bids around 0.7100 mark ahead of European sessions on Tuesday. Considering the quote’s moves since early January, a “falling wedge” bullish formation is underway that gets confirmed if prices cross 0.7135 resistance. With this, pair can theoretically rise towards 0.7350 with a 200-day simple moving average (SMA) at 0.7225 and 0.7200 acting as intermediate halts. Alternatively, 50% Fibonacci retracement near 0.7060, followed by 0.7000, can limit near-term declines ahead of highlighting pattern support of 0.6980. In a case where prices slide under 0.6980, 0.6930, 0.6900 and 0.6825/30 can please sellers. AUD/USD 4-Hour chart 0.7150 could offer an intermediate halt between 0.7135 and 0.7200. On the downside, 0.7020 might act as a buffer amid 0.7060 and 0.7000. AUD/USD hourly chart 0.7118-20 horizontal-area becomes the closest resistance to watch. Adjacent upward sloping support-line at 0.7095 seems nearby support. 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 Citigroup scraps the plans for its own cryptocurrency FX Street 4 years AUD/USD daily chart The AUD/USD pair is on bids around 0.7100 mark ahead of European sessions on Tuesday. Considering the quote's moves since early January, a "falling wedge" bullish formation is underway that gets confirmed if prices cross 0.7135 resistance. With this, pair can theoretically rise towards 0.7350 with a 200-day simple moving average (SMA) at 0.7225 and 0.7200 acting as intermediate halts. Alternatively, 50% Fibonacci retracement near 0.7060, followed by 0.7000, can limit near-term declines ahead of highlighting pattern support of 0.6980. In a case where prices slide under 0.6980, 0.6930, 0.6900 and 0.6825/30 can please sellers. AUD/USD… 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.
