AUD/USD Technical Analysis: Aussie trading at session’s highs near 0.7050 level

AUD/USD daily chart

  • AUD/USD is trading in a bear trend below the 200-period simple moving average (SMA).
  • The Aussie is trading near 3-year’s low. 

AUD/USD 4-hour chart

  • AUD/USD is challenging the 50 SMA. 

AUD/USD 30-minute chart

  • 0.7060 and 0.7080 are likely going to act as resistance. 
  • Since the main trend is bearish a retest of 0.6950 to the downside can be on the cards.

Additional key levels 

AUD/USD

Overview:
    Today Last Price: 0.7046
    Today Daily change: 44 pips
    Today Daily change %: 0.628%
    Today Daily Open: 0.7002
Trends:
    Previous Daily SMA20: 0.7108
    Previous Daily SMA50: 0.7184
    Previous Daily SMA100: 0.7187
    Previous Daily SMA200: 0.7346
Levels:
    Previous Daily High: 0.702
    Previous Daily Low: 0.6684
    Previous Weekly High: 0.7078
    Previous Weekly Low: 0.7014
    Previous Monthly High: 0.7394
    Previous Monthly Low: 0.7014
    Previous Daily Fibonacci 38.2%: 0.6892
    Previous Daily Fibonacci 61.8%: 0.6812
    Previous Daily Pivot Point S1: 0.6784
    Previous Daily Pivot Point S2: 0.6566
    Previous Daily Pivot Point S3: 0.6448
    Previous Daily Pivot Point R1: 0.712
    Previous Daily Pivot Point R2: 0.7238
    Previous Daily Pivot Point R3: 0.7457

 

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