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AUD/USD Price Analysis: Aussie eases from 2.5-month highs, trades below 0.6900 handle

  • AUD/USD is trading at session’s lows as bulls have stepped out on Friday.
  • The market is challenging the 0.6838/0.6824 price zone. 
 

AUD/USD daily chart 

 
AUD/USD is currently rejecting the 0.6900 handle and the 200-day simple moving average (DMA) as the market challenged the October/November highs.
 

AUD/USD four-hour chart

 
AUD/USD is retracing down sharply, testing the 0.6880/0.6867 price zone. Bulls seem to have stepped out for the time being. A break below the current support could lead to a deeper pullback towards the 0.6838/0.6824 price zone, according to the Technical Confluences Indicator. Resistance is expected at the 0.6912 and 0.6931 price levels.
  
 
 

Additional key levels

AUD/USD

Overview
Today last price 0.6883
Today Daily Change -0.0027
Today Daily Change % -0.39
Today daily open 0.691
 
Trends
Daily SMA20 0.6816
Daily SMA50 0.6823
Daily SMA100 0.6807
Daily SMA200 0.6911
 
Levels
Previous Daily High 0.6913
Previous Daily Low 0.6866
Previous Weekly High 0.6863
Previous Weekly Low 0.6762
Previous Monthly High 0.6929
Previous Monthly Low 0.6754
Daily Fibonacci 38.2% 0.6895
Daily Fibonacci 61.8% 0.6884
Daily Pivot Point S1 0.6879
Daily Pivot Point S2 0.6849
Daily Pivot Point S3 0.6832
Daily Pivot Point R1 0.6927
Daily Pivot Point R2 0.6944
Daily Pivot Point R3 0.6974

 

 

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