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AUD/USD technical analysis: Aussie is under pressure below the 0.6800 handle

  • AUD/USD is consolidating the recent losses in a quiet Monday.
  • The level to beat for sellers is the 0.6760 price level.
 

AUD/USD daily chart

 
AUD/USD is trading in a downtrend below its main daily simple moving averages (SMAs) as the market is trading within Friday’s range.

AUD/USD 4-hour chart

 
The Aussie is consolidating the recent losses below the 0.6800 handle and the 200 SMA. A break below the 0.6760 support level can lead to a drop to the 0.6690 swing low.  

AUD/USD 30-minute chart

 
AUD/USD is under pressure below the main SMAs. Resistances are seen at the 0.6800 and 0.6830 price levels.  

Additional key levels

 

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