AUD/USD Technical Analysis: Aussie reverse weekly losses as bulls are en route to the 0.7200 figure

AUD/USD daily chart

  • AUD/USD is trading below the 200-day simple moving average. 

AUD/USD 4-hour chart

  • AUD/USD broke above its main SMAs suggesting bullish momentum in the medium-term. 

AUD/USD 30-minute chart

  • The Aussie is having a strong recovery as the market is trading above its main SMAs. 
  • The 0.7180 resistance is the level top beat for bulls. The next bull targets are seen at the 0.7200 and 0.7225 levels.
  • Support is seen at 0.7140 and the 0.7100 figure.

Additional key levels

AUD/USD

Overview:
    Today Last Price: 0.7165
    Today Daily change: 72 pips
    Today Daily change %: 1.02%
    Today Daily Open: 0.7093
Trends:
    Daily SMA20: 0.7128
    Daily SMA50: 0.7175
    Daily SMA100: 0.7169
    Daily SMA200: 0.7304
Levels:
    Previous Daily High: 0.7167
    Previous Daily Low: 0.708
    Previous Weekly High: 0.7226
    Previous Weekly Low: 0.7146
    Previous Monthly High: 0.7394
    Previous Monthly Low: 0.7014
    Daily Fibonacci 38.2%: 0.7113
    Daily Fibonacci 61.8%: 0.7134
    Daily Pivot Point S1: 0.706
    Daily Pivot Point S2: 0.7026
    Daily Pivot Point S3: 0.6973
    Daily Pivot Point R1: 0.7147
    Daily Pivot Point R2: 0.72
    Daily Pivot Point R3: 0.7234

 

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