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  • AUD/USD trades near 0.7140 during early Asian sessions on Thursday.
  • The pair struggles to ahead of the key economic data, namely the quarterly private capital expenditure detail.
  • The quarterly private capital expenditure is expected to increase by +0.5% during the fourth quarter (Q4) of 2018 against previous contraction of -0.5% during Q3.
  • On the upside, the 0.7200-0.7205 is likely an immediate barrier for the pair before confronting 0.7265 and 0.7300.
  • Should there be additional rise by the pair past-0.7300, 61.8% Fibonacci retracement of its Jan-Feb move near 0.7400 can gain market attention.
  • Meanwhile, an upward sloping trend-line supports the pair near 0.7080, a break of which can drag it back to 0.7050 and 0.7000.
  • During the pair’s additional weakness past-0.7000, 0.6980 and 0.6925 become crucial to watch.

AUD/USD 4-Hour chart

Additional important levels:

       Today Last Price:  0.7147
       Today Daily change:  9  pips
       Today Daily change %:  0.13%
       Today Daily Open:  0.7138
       Daily SMA20:  0.7149
       Daily SMA50:  0.7133
       Daily SMA100:  0.7165
       Daily SMA200:  0.7257
       Previous Daily High:  0.7199
       Previous Daily Low:  0.7127
       Previous Weekly High:  0.7207
       Previous Weekly Low:  0.707
       Previous Monthly High:  0.7296
       Previous Monthly Low:  0.6684
       Daily Fibonacci 38.2%:  0.7155
       Daily Fibonacci 61.8%:  0.7172
       Daily Pivot Point S1:  0.711
       Daily Pivot Point S2:  0.7083
       Daily Pivot Point S3:  0.7039
       Daily Pivot Point R1:  0.7182
       Daily Pivot Point R2:  0.7226
       Daily Pivot Point R3:  0.7254