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   “¢   The pair built on its recent recovery from over two-month lows and continued gaining positive traction for the third consecutive session on Tuesday.

   “¢   After consolidating through the mid-European session around 200-hour SMA, softer US CPI print triggered a fresh leg of an up-move in the last hour.

   “¢   With oscillators on hourly charts gaining traction, a move beyond 38.2% Fibo. level of the 0.7199-0.7003 fall paves the way for further appreciating move.  

   “¢   Hence, the pair now seems poised to extend the ongoing positive momentum further towards reclaiming the 0.7100 handle, coinciding with 50% Fibo. level.

AUD/USD 1-hourly chart


       Today Last Price:  0.7086
       Today Daily change:  15  pips
       Today Daily change %:  0.21%
       Today Daily Open:  0.7071
       Daily SMA20:  0.7106
       Daily SMA50:  0.7134
       Daily SMA100:  0.716
       Daily SMA200:  0.7237
       Previous Daily High:  0.7077
       Previous Daily Low:  0.7026
       Previous Weekly High:  0.7118
       Previous Weekly Low:  0.7002
       Previous Monthly High:  0.7285
       Previous Monthly Low:  0.7053
       Daily Fibonacci 38.2%:  0.7057
       Daily Fibonacci 61.8%:  0.7045
       Daily Pivot Point S1:  0.7039
       Daily Pivot Point S2:  0.7006
       Daily Pivot Point S3:  0.6987
       Daily Pivot Point R1:  0.709
       Daily Pivot Point R2:  0.7109
       Daily Pivot Point R3:  0.7142