The Aussie is starting the week unable to capitalize on last week’s gains. The level to beat for bulls is the 0.6780 resistance. AUD/USD daily chart The Aussie is trading in a downtrend below its 100 and 200 simple moving averages (SMAs) on the daily chart. Columbus Day in the United States is keeping volatility limited. AUD/USD 4-hour chart The AUD/USD exchange rate is trading between the 100 and 200 SMAs, suggesting a sideways market in the medium term. The spot is challenging the 0.6780 resistance. A break above the level can see the Aussie moving up the 0.6820 level, according to the Technical Confluences Indicator. AUD/USD 30-minute chart AUD/USD is trading below the 50 and 100 SMAs on the 30-minute chart, suggesting a consolidation in the near term. Support is seen at the 0.6750 and 0.6720 price level. Additional key levels 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 WTi prices slide at the start of week on trade war angst, paring back last week’s gains FX Street 4 years The Aussie is starting the week unable to capitalize on last week's gains. The level to beat for bulls is the 0.6780 resistance. AUD/USD daily chart The Aussie is trading in a downtrend below its 100 and 200 simple moving averages (SMAs) on the daily chart. Columbus Day in the United States is keeping volatility limited. AUD/USD 4-hour chart The AUD/USD exchange rate is trading between the 100 and 200 SMAs, suggesting a sideways market in the medium term. The spot is challenging the 0.6780 resistance. A break above the level can… 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.
