“¢ The pair built on Friday’s goodish up-move and continued gaining positive traction for the second consecutive session on the first trading day of a new week. “¢ The up-move has been along a short-term ascending trend-channel formation and a sustained move above 200-hour SMA was seen as a key trigger for bullish traders. “¢ Technical indicators on hourly/daily charts continue to gain positive traction and remained supportive of the ongoing bullish trajectory further beyond mid-0.7100s. “¢ The pair now seems poised to extend up-move towards retesting last week’s swing higher, around the 0.7200 handle, also coinciding with the trend-channel resistance. AUD/USD 1-hourly chart AUD/USD Overview: Today Last Price: 0.7178 Today Daily change %: 0.66% Today Daily Open: 0.7131 Trends: Daily SMA20: 0.7152 Daily SMA50: 0.7132 Daily SMA100: 0.7162 Daily SMA200: 0.7263 Levels: Previous Daily High: 0.7151 Previous Daily Low: 0.7073 Previous Weekly High: 0.7207 Previous Weekly Low: 0.707 Previous Monthly High: 0.7296 Previous Monthly Low: 0.6684 Daily Fibonacci 38.2%: 0.7121 Daily Fibonacci 61.8%: 0.7103 Daily Pivot Point S1: 0.7086 Daily Pivot Point S2: 0.7041 Daily Pivot Point S3: 0.7008 Daily Pivot Point R1: 0.7163 Daily Pivot Point R2: 0.7196 Daily Pivot Point R3: 0.7241 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 EUR/USD in 3-day highs, approaches 1.1400 FX Street 4 years "¢ The pair built on Friday's goodish up-move and continued gaining positive traction for the second consecutive session on the first trading day of a new week. "¢ The up-move has been along a short-term ascending trend-channel formation and a sustained move above 200-hour SMA was seen as a key trigger for bullish traders. "¢ Technical indicators on hourly/daily charts continue to gain positive traction and remained supportive of the ongoing bullish trajectory further beyond mid-0.7100s. "¢ The pair now seems poised to extend up-move towards retesting last week's swing… 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.
