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   “¢   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


       Today Last Price:  0.7178
       Today Daily change %:  0.66%
       Today Daily Open:  0.7131
       Daily SMA20:  0.7152
       Daily SMA50:  0.7132
       Daily SMA100:  0.7162
       Daily SMA200:  0.7263
       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