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AUD/USD Price Analysis: Aussie recovering from lows, trading near 0.6750 level

  • AUD/USD is trying to recover after falling near two-month lows. 
  • A sideways consolidation is likely on the cards.  
 

AUD/USD daily chart

 
After falling sharply in January the market is attempting to bounce from near the 0.6700 figure. The market is currently failing to hold price above the 0.6751 resistance suggesting that the spot might have another retest of the lows near 0.6725, 0.6677 and 0.6647 price levels, according to the Technical Confluences Indicator.
  

Additional key levels 

AUD/USD

Overview
Today last price 0.6753
Today Daily Change 0.0015
Today Daily Change % 0.22
Today daily open 0.6738
 
Trends
Daily SMA20 0.6823
Daily SMA50 0.6862
Daily SMA100 0.6835
Daily SMA200 0.6867
 
Levels
Previous Daily High 0.674
Previous Daily Low 0.6678
Previous Weekly High 0.6829
Previous Weekly Low 0.6682
Previous Monthly High 0.704
Previous Monthly Low 0.6682
Daily Fibonacci 38.2% 0.6716
Daily Fibonacci 61.8% 0.6702
Daily Pivot Point S1 0.6697
Daily Pivot Point S2 0.6657
Daily Pivot Point S3 0.6635
Daily Pivot Point R1 0.6759
Daily Pivot Point R2 0.6781
Daily Pivot Point R3 0.6821

 

 

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