AUD/USD Price Analysis: Aussie starts the week with a run to 2-day highs

AUD/USD pops to fresh 2-day highs this Monday.
The level to beat for buyers is the 0.6570 resistance.

Flavio Tosti Independent Analyst

AUD/USD four-hour chart

AUD/USD is turning higher challenging the 0.6500 figure while trading above the main SMAs on the four-hour chart. However, the bullish attempt might be limited as the market would need to surpass the 0.6570 resistance to confirm new highs. Meanwhile, the bears will see this as a selling opportunity with 0.6400 on the radar.

Resistance: 0.6500, 0.6570, 0.6700

Support: 0.6400, 0.6375, 0.6300

Additional key levels

AUD/USD

Overview
Today last price	0.6503
Today Daily Change	0.0089
Today Daily Change %	1.39
Today daily open	0.6414

Trends
Daily SMA20	0.6436
Daily SMA50	0.6272
Daily SMA100	0.6517
Daily SMA200	0.6667

Levels
Previous Daily High	0.6474
Previous Daily Low	0.6401
Previous Weekly High	0.6562
Previous Weekly Low	0.6401
Previous Monthly High	0.657
Previous Monthly Low	0.598
Daily Fibonacci 38.2%	0.6429
Daily Fibonacci 61.8%	0.6446
Daily Pivot Point S1	0.6385
Daily Pivot Point S2	0.6357
Daily Pivot Point S3	0.6312
Daily Pivot Point R1	0.6458
Daily Pivot Point R2	0.6503
Daily Pivot Point R3	0.6531

Author

Flavio Tosti

Independent Analyst

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