Home AUD/USD Technical Analysis: Riding high into 0.7250, but overextension a risk
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AUD/USD Technical Analysis: Riding high into 0.7250, but overextension a risk

The last twenty-four hours sees the AUD/USD taking a run at 0.7250 but the level remains unclaimed heading into Friday’s busy EU and US  market sessions.

AUD/USD M5

Hourly candles have the Aussie breaking through all near-term resistance levels, and the AUD/USD finds itself in no man’s  land and completely overextended at hourly indicators run out of room to run.

AUD/USD H1

On 4-Hour candles the AUD/USD has blown past the 200-period moving average and the next meaningful resistance level remains at the 0.7300 handle.

AUD/USD H4

AUD/USD

Overview:
       Last Price:  0.7239
       Daily change:  33  pips
       Daily change:  0.458%
       Daily Open:  0.7206
Trends:
       Daily SMA20:  0.7098
       Daily SMA50:  0.7168
       Daily SMA100:  0.7274
       Daily SMA200:  0.7495
Levels:
       Daily High:  0.7214
       Daily Low:  0.7072
       Weekly High:  0.7128
       Weekly Low:  0.702
       Monthly High:  0.724
       Monthly Low:  0.702
       Daily Fibonacci 38.2%:  0.716
       Daily Fibonacci 61.8%:  0.7126
       Daily Pivot Point S1:  0.7114
       Daily Pivot Point S2:  0.7022
       Daily Pivot Point S3:  0.6972
       Daily Pivot Point R1:  0.7256
       Daily Pivot Point R2:  0.7306
       Daily Pivot Point R3:  0.7397

 

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