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AUD/USD Technical Analysis: Aussie at daily highs testing the 0.7150 level

AUD/USD daily chart

  • AUD/USD is trading in a bear trend below the 50, 100 and 200-period simple moving averages (SMAs).  
  • AUD/USD had a 300-pip recovery after the flash crash last week.

AUD/USD 4-hour chart

  • AUD/USD broke above the 0.7100 figure and is near the 200 SMA.  

AUD/USD 30-minute chart

  • AUD/USD is trading above its main SMAs suggesting bullish momentum in the short-term.
  • Bulls would need to overcome 0.7150 and 0.7200 resistances.
  • Since the main trend is bearish, sellers might come back and bring the market to 0.7070 support.

Additional key levels

AUD/USD

Overview:
       Today Last Price:  0.7149
       Today Daily change:  33  pips
       Today Daily change %:  0.464%
       Today Daily Open:  0.7116
Trends:
       Previous Daily SMA20:  0.7104
       Previous Daily SMA50:  0.7184
       Previous Daily SMA100:  0.7185
       Previous Daily SMA200:  0.7344
Levels:
       Previous Daily High:  0.7125
       Previous Daily Low:  0.6993
       Previous Weekly High:  0.7125
       Previous Weekly Low:  0.6684
       Previous Monthly High:  0.7394
       Previous Monthly Low:  0.7014
       Previous Daily Fibonacci 38.2%:  0.7075
       Previous Daily Fibonacci 61.8%:  0.7043
       Previous Daily Pivot Point S1:  0.7031
       Previous Daily Pivot Point S2:  0.6946
       Previous Daily Pivot Point S3:  0.6899
       Previous Daily Pivot Point R1:  0.7163
       Previous Daily Pivot Point R2:  0.721
       Previous Daily Pivot Point R3:  0.7295

 

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