Home AUD/USD Technical Analysis: Aussie meets the 0.7200 resistance post-FOMC minutes
FXStreet News

AUD/USD Technical Analysis: Aussie meets the 0.7200 resistance post-FOMC minutes

AUD/USD daily chart

  • AUD/USD is evolving in a bear trend below the 200 SMA.
  • AUD/USD has  tested the 50 and 100 SMA near the 0.7200 figure.
  • The dovish FOMC minutes didn’t affect much the currency market.

AUD/USD 4-hour chart

  • AUD/USD is trading above the 0.7150 level and the 200 SMA.  

AUD/USD 30-minute chart

  • Bulls need to break above the 0.7200 figure for any further advances.  
  • As bears have the main trend on their side, the target to the downside might be located near 0.7100 figure.  

Additional key levels

AUD/USD

Overview:
       Today Last Price:  0.7179
       Today Daily change:  40  pips
       Today Daily change %:  0.560%
       Today Daily Open:  0.7139
Trends:
       Previous Daily SMA20:  0.7099
       Previous Daily SMA50:  0.7187
       Previous Daily SMA100:  0.7181
       Previous Daily SMA200:  0.7338
Levels:
       Previous Daily High:  0.7151
       Previous Daily Low:  0.7116
       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%:  0.7129
       Previous Daily Fibonacci 61.8%:  0.7138
       Previous Daily Pivot Point S1:  0.712
       Previous Daily Pivot Point S2:  0.71
       Previous Daily Pivot Point S3:  0.7085
       Previous Daily Pivot Point R1:  0.7155
       Previous Daily Pivot Point R2:  0.717
       Previous Daily Pivot Point R3:  0.719

 

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.