- Aussie opening the week on the hopeful side, remaining bid near 0.7200.
- China trade data to kick off the new trading week.
The week's action starts off early with Chinese Trade Balance figures due early in Monday's Pacific-Asia market window, though market volumes will be constrained with Japanese markets dark in observance of Coming-of-Age Day, but Antipodeans will be looking for a fresh push from Chinese numbers.
Chinese Imports for the annualized period into December are expected to rise from 3% to 5%, with Exports expected to decline to 3.0% from 5.4%, and the new Trade Balance for December is forecast at $51.53 billion versus the last reading of $44.71 billion.
AUD/USD Technical Levels
Today Last Price: 0.7208
Today Daily change: 4.0 pips
Today Daily change %: 0.0555%
Today Daily Open: 0.7204
Previous Daily SMA20: 0.7096
Previous Daily SMA50: 0.7188
Previous Daily SMA100: 0.7177
Previous Daily SMA200: 0.7331
Previous Daily High: 0.7236
Previous Daily Low: 0.7175
Previous Weekly High: 0.7236
Previous Weekly Low: 0.7089
Previous Monthly High: 0.7394
Previous Monthly Low: 0.7014
Previous Daily Fibonacci 38.2%: 0.7213
Previous Daily Fibonacci 61.8%: 0.7198
Previous Daily Pivot Point S1: 0.7174
Previous Daily Pivot Point S2: 0.7144
Previous Daily Pivot Point S3: 0.7113
Previous Daily Pivot Point R1: 0.7235
Previous Daily Pivot Point R2: 0.7266
Previous Daily Pivot Point R3: 0.7296
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