“¢ The pair caught some fresh bids at the start of a new trading week and has now recovered all of its losses recorded over the past two trading session. “¢ A convincing breakthrough near one-week-old descending trend-line and a subsequent move beyond 100-hour SMA was seen as a key trigger for bullish traders. “¢ Technical indicators on the 1-hourly chart have been gaining positive momentum and are still far from being in overbought territory on short-term charts. “¢ The set-up support prospects for an extension of the intraday positive momentum and hence, any meaningful dips will be seen as a buying opportunity. AUD/USD 1-hourly chart AUD/USD Overview: Today Last Price: 0.7266 Today Daily change: 36 pips Today Daily change %: 0.498% Today Daily Open: 0.723 Trends: Previous Daily SMA20: 0.7217 Previous Daily SMA50: 0.7178 Previous Daily SMA100: 0.725 Previous Daily SMA200: 0.7439 Levels: Previous Daily High: 0.7261 Previous Daily Low: 0.7218 Previous Weekly High: 0.7327 Previous Weekly Low: 0.7202 Previous Monthly High: 0.724 Previous Monthly Low: 0.702 Previous Daily Fibonacci 38.2%: 0.7235 Previous Daily Fibonacci 61.8%: 0.7245 Previous Daily Pivot Point S1: 0.7212 Previous Daily Pivot Point S2: 0.7194 Previous Daily Pivot Point S3: 0.717 Previous Daily Pivot Point R1: 0.7255 Previous Daily Pivot Point R2: 0.7279 Previous Daily Pivot Point R3: 0.7297 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 Bitcoin recovery at risk as $4,000 still unconquered FX Street 4 years "¢ The pair caught some fresh bids at the start of a new trading week and has now recovered all of its losses recorded over the past two trading session. "¢ A convincing breakthrough near one-week-old descending trend-line and a subsequent move beyond 100-hour SMA was seen as a key trigger for bullish traders. "¢ Technical indicators on the 1-hourly chart have been gaining positive momentum and are still far from being in overbought territory on short-term charts. "¢ The set-up support prospects for an extension of the intraday positive… 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.