While upbeat Australian business survey data propelled the Aussie during early Tuesday, the AUD/USD managed to post a day’s high near 0.7090 on the US President Donald Trump’s comments favoring a likely trade deal between the US and China. However, the sellers continue to lurk ahead of the short-term descending trend-line resistance, at 0.7095, that connects highs marked since last Wednesday. Should the pair cross 0.7095 barrier, its rise to 0.7140 horizontal-line can be expected whereas 0.7170 and a downward sloping resistance-line at 0.7205 may confine additional upside. Alternatively, the 0.7065 and the recent low around 0.7050 seem immediate supports for the pair, a break of which can drag the quote to 61.8% FE level of its latest pullback, at 0.7030. In case bears manage to conquer 0.7030, 0.7000 and 0.6980 could become their next favorites. AUD/USD hourly chart Important levels: Overview:     Today Last Price:  0.7082     Today Daily change: 18  pips     Today Daily change %:  0.25%     Today Daily Open:  0.7064 Trends:     Daily SMA20:  0.7168     Daily SMA50:  0.7151     Daily SMA100:  0.7167     Daily SMA200:  0.728 Levels:     Previous Daily High:  0.7109     Previous Daily Low:  0.7057     Previous Weekly High:  0.7265     Previous Weekly Low:  0.706     Previous Monthly High:  0.7296     Previous Monthly Low:  0.6684     Daily Fibonacci 38.2%:  0.7077     Daily Fibonacci 61.8%:  0.7089     Daily Pivot Point S1:  0.7044     Daily Pivot Point S2:  0.7025     Daily Pivot Point S3:  0.6992     Daily Pivot Point R1:  0.7096     Daily Pivot Point R2:  0.7129     Daily Pivot Point R3:  0.7148  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 USD/CNH drops to 50-HMA on Trump’s comments on trade FX Street 3 years While upbeat Australian business survey data propelled the Aussie during early Tuesday, the AUD/USD managed to post a day's high near 0.7090 on the US President Donald Trump's comments favoring a likely trade deal between the US and China. However, the sellers continue to lurk ahead of the short-term descending trend-line resistance, at 0.7095, that connects highs marked since last Wednesday. Should the pair cross 0.7095 barrier, its rise to 0.7140 horizontal-line can be expected whereas 0.7170 and a downward sloping resistance-line at 0.7205 may confine additional upside. Alternatively, the 0.7065 and the recent low around 0.7050 seem immediate supports… 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.
