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AUD/USD Technical Analysis: Aussie trading below 0.7130 ahead of RBA

AUD/USD daily chart

  • AUD/USD is trading in a bear trend below the 200-day simple moving average (SMA).
  • The Reserve Bank of Australia Meeting's Minutes at 00:30 GMT can potentially provide great volatility in AUD-related pair.

AUD/USD 4-hour chart

  • AUD/USD is trading between the 50 and 200 SMA suggesting a sideways market in the medium-term.
  • The 0.7240 bullish target remains in place as long as AUD/USD trades above the 0.7000 figure.

AUD/USD 30-minute chart

  • In the short-term AUD/USD is most likely to decline to 0.7100 figure.
  • Resistance is seen at 0.7160 level.

Additional key levels

AUD/USD

Overview:
    Today Last Price: 0.713
    Today Daily change: -12 pips
    Today Daily change %: -0.17%
    Today Daily Open: 0.7142
Trends:
    Daily SMA20: 0.7152
    Daily SMA50: 0.7138
    Daily SMA100: 0.7162
    Daily SMA200: 0.7273
Levels:
    Previous Daily High: 0.7149
    Previous Daily Low: 0.7079
    Previous Weekly High: 0.7149
    Previous Weekly Low: 0.7053
    Previous Monthly High: 0.7296
    Previous Monthly Low: 0.6684
    Daily Fibonacci 38.2%: 0.7122
    Daily Fibonacci 61.8%: 0.7106
    Daily Pivot Point S1: 0.7098
    Daily Pivot Point S2: 0.7053
    Daily Pivot Point S3: 0.7028
    Daily Pivot Point R1: 0.7168
    Daily Pivot Point R2: 0.7193
    Daily Pivot Point R3: 0.7238

 

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