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AUD/USD Technical Analysis: Aussie trading below 0.7130 ahead of RBA

AUD/USD daily chart

  • AUD/USD is trading in a bear trend below the 200-day simple moving average (SMA).
  • The Reserve Bank of Australia Meeting’s Minutes at 00:30 GMT can potentially provide great volatility in AUD-related pair.

AUD/USD 4-hour chart

  • AUD/USD is trading between the 50 and 200 SMA suggesting a sideways market in the medium-term.
  • The 0.7240 bullish target remains in place as long as AUD/USD trades above the 0.7000 figure.

AUD/USD 30-minute chart

  • In the short-term AUD/USD is most likely to decline to 0.7100 figure.
  • Resistance is seen at 0.7160 level.

Additional key levels

AUD/USD

Overview:
       Today Last Price:  0.713
       Today Daily change:  -12  pips
       Today Daily change %:  -0.17%
       Today Daily Open:  0.7142
Trends:
       Daily SMA20:  0.7152
       Daily SMA50:  0.7138
       Daily SMA100:  0.7162
       Daily SMA200:  0.7273
Levels:
       Previous Daily High:  0.7149
       Previous Daily Low:  0.7079
       Previous Weekly High:  0.7149
       Previous Weekly Low:  0.7053
       Previous Monthly High:  0.7296
       Previous Monthly Low:  0.6684
       Daily Fibonacci 38.2%:  0.7122
       Daily Fibonacci 61.8%:  0.7106
       Daily Pivot Point S1:  0.7098
       Daily Pivot Point S2:  0.7053
       Daily Pivot Point S3:  0.7028
       Daily Pivot Point R1:  0.7168
       Daily Pivot Point R2:  0.7193
       Daily Pivot Point R3:  0.7238

 

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