AUD/USD Technical Analysis: 0.7100 remains a question mark
|- The past twenty-four hours see the Aussie looking for a recovery after slipping into a new 2018 low last Friday of 0.7020, but the pair still remains constrained by last week's ending peak at the 0.7100 handle.
AUD/USD, M5
- The last two weeks shows the AUD/USD struggling to fight back from a new yearly low, and last week's pickup to close out the action last Friday shows signs of overextension, and a failure to reclaim the 0.7100 handle in a meaningful will have the pair back under a declining trendline.
AUD/USD, M30
- The past month still shows the Aussie off of its last major swing high near 0.7150, and bears could step in soon as broader markets resume being driven by flows into and out of the US Dollar.
AUD/USD, H4
AUD/USD
Overview:
Last Price: 0.7099
Daily change: 6.0 pips
Daily change: 0.0846%
Daily Open: 0.7093
Trends:
Daily SMA20: 0.7106
Daily SMA50: 0.7186
Daily SMA100: 0.7292
Daily SMA200: 0.7513
Levels:
Daily High: 0.7106
Daily Low: 0.702
Weekly High: 0.7128
Weekly Low: 0.702
Monthly High: 0.7316
Monthly Low: 0.7085
Daily Fibonacci 38.2%: 0.7073
Daily Fibonacci 61.8%: 0.7053
Daily Pivot Point S1: 0.704
Daily Pivot Point S2: 0.6988
Daily Pivot Point S3: 0.6954
Daily Pivot Point R1: 0.7126
Daily Pivot Point R2: 0.7159
Daily Pivot Point R3: 0.7211
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