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AUD/USD Technical Analysis: Aussie on track to end Friday near weekly lows, sub-0.6800 handle

  • The aussie remains under bearish pressure despite USD weakness.
  • The level to beat for sellers is the 0.6760 support.

 

AUD/USD daily chart 

 
AUD/USD is trading in a bear trend below its main daily simple moving averages (DMAs). The spot remains under pressure despite the USD weakness this Friday.
 

AUD/USD four-hour chart

 
The aussie is trending down below the main SMAs on the four-hour chart. The level to beat for sellers is the 0.6760 level. If broken on a daily closing basis, AUD/USD could extend the move down towards the 0.6740 and 0.6714 levels, according to the Technical Confluences Indicator
 

AUD/USD 30-minute chart 

 
AUD/USD remains under pressure below the 0.6773 resistance and its main SMAs on the 30-minute chart, suggesting a bearish bias in the short term. Resistance is expected at 0.6773 and 0.6795 price levels, according to the Technical Confluences Indicator. 
 

Additional key levels

 

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