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AUD/USD Technical Analysis: 0.7250 a popular sticking point for the Aussie

  • The AUD/USD is seeing some limited play into the short-side in early Friday trading, but the Aussie-Dollar pairing remains largely chained to the 0.7250 region.
  • The Japanese market holiday will be draining volume out of markets, and the AUD/USD is set to remain trapped in place after Thursday marked in a hard inside day.

AUD/USD Chart,   5-Minute

  • The past two weeks see  the AUD/USD hung up on a key level between major swing points, warning of an excessive middling pattern in the AUD/USD.

AUD/USD Chart, 30-Minute

  • Despite rough cyclical action in the near-term, the medium-term AUD/USD chart sees the  potential for a rising channel confirmation, assuming the Aussie manages to bounce from no lower than the 0.7230 region.

AUD/USD Chart, 4-Hour

AUD/USD

Overview:
       Last Price:  0.7247
       Daily change:  -5.0  pips
       Daily change:  -0.0689%
       Daily Open:  0.7252
Trends:
       Daily SMA20:  0.721
       Daily SMA50:  0.7176
       Daily SMA100:  0.7252
       Daily SMA200:  0.7442
Levels:
       Daily High:  0.727
       Daily Low:  0.7234
       Weekly High:  0.7336
       Weekly Low:  0.7164
       Monthly High:  0.724
       Monthly Low:  0.702
       Daily Fibonacci 38.2%:  0.7247
       Daily Fibonacci 61.8%:  0.7256
       Daily Pivot Point S1:  0.7233
       Daily Pivot Point S2:  0.7215
       Daily Pivot Point S3:  0.7197
       Daily Pivot Point R1:  0.727
       Daily Pivot Point R2:  0.7288
       Daily Pivot Point R3:  0.7306

 

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