AUD/USD Technical Analysis: Aussie falling to a new 2018 low, bears looking at 0.7200 target
|- AUD/USD is trading to new 2018 lows as USD is having a boost across the board.
- AUD/USD bears next objective is to reach the 0.7200 figure and 0.7159 December 26, 2016 low.
- Resistances to the upside become 0.7255 and 0.7294 August 13 high.
AUD/USD 15-minute chart
AUD/USD daily chart
Spot rate: 0.7235
Relative change: -0.46%
High: 0.7285
Low: 0.7232
Trend: Bearish
Resistance 1: 0.7255 August 13 low
Resistance 2: 0.7294 August 13 high
Resistance 3: 0.7345 demand level
Resistance 4: 0.7364 June 28 high
Resistance 5: 0.7380 June 26 low
Resistance 6: 0.7400 figure
Resistance 7: 0.7413 current August 3 high
Resistance 8: 0.7442 July 31 high
Resistance 9: 0.7463 July 26 high
Support 1: 0.7200 figure
Support 2: 0.7159 December 26, 2016 low
Support 3: 0.7100 figure
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