AUD/USD Price Analysis: Aussie vulnerable near two-month lows, trades sub-0.6800 figure

The AUD/USD currency pair remains under selling pressure near two-month lows.
Bear targets can be located near 0.6725 and 0.6676 levels.

Flavio Tosti Independent Analyst

AUD/USD daily chart

Since the start of January, the market has been dropping sharply. The bias remains in favor of bears and a conclusive break below the 0.6753 support could yield further weakness towards the 0.6725 and 0.6676 levels, according to the Technical Confluences Indicator. Resistances are seen near the 0.6775, 0.6796 and 0.6834 levels.

Additional key levels

AUD/USD

Overview
Today last price	0.6755
Today Daily Change	-0.0004
Today Daily Change %	-0.06
Today daily open	0.6759

Trends
Daily SMA20	0.6894
Daily SMA50	0.687
Daily SMA100	0.6843
Daily SMA200	0.6877

Levels
Previous Daily High	0.6829
Previous Daily Low	0.6752
Previous Weekly High	0.6889
Previous Weekly Low	0.6817
Previous Monthly High	0.7033
Previous Monthly Low	0.6762
Daily Fibonacci 38.2%	0.6781
Daily Fibonacci 61.8%	0.68
Daily Pivot Point S1	0.6731
Daily Pivot Point S2	0.6703
Daily Pivot Point S3	0.6654
Daily Pivot Point R1	0.6808
Daily Pivot Point R2	0.6857
Daily Pivot Point R3	0.6885

Author

Flavio Tosti

Independent Analyst

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