AUD/USD technical analysis: Aussie at daily highs nearing the 0.6890 level


  • AUD/USD is grinding up to a fresh daily highs this Friday.
  • The level to beat for bulls is the 0.6890 level.
 

AUD/USD daily chart

 
AUD/USD is trading in a bear trend below the 100 and 200-day simple moving averages (SMAs). However, in August and September, the market has been rebounding sharply.

AUD/USD 4-hour chart

 
The Aussie is trading above its main simple moving averages (SMAs), suggesting bullish momentum in the near term. The market made little progress this week and bulls will need to surpass the 0.6890 resistance if they want to extend the bull run. Further up lie the 0.6910 resistance level, according to the Technical Confluences Indicator.
 

AUD/USD 30-minute chart

 
AUD/USD is grinding to the daily highs and approaching the 0.6890 resistance. Immediate support is seen at 0.6873, 0.6860 and 0.6850, according to the Technical Confluences Indicator. 
 
 

Additional key levels

AUD/USD

Overview
Today last price 0.6881
Today Daily Change 0.0016
Today Daily Change % 0.23
Today daily open 0.6865
 
Trends
Daily SMA20 0.6786
Daily SMA50 0.6855
Daily SMA100 0.6906
Daily SMA200 0.7015
Levels
Previous Daily High 0.6895
Previous Daily Low 0.6848
Previous Weekly High 0.6862
Previous Weekly Low 0.6687
Previous Monthly High 0.6869
Previous Monthly Low 0.6676
Daily Fibonacci 38.2% 0.6877
Daily Fibonacci 61.8% 0.6866
Daily Pivot Point S1 0.6844
Daily Pivot Point S2 0.6822
Daily Pivot Point S3 0.6797
Daily Pivot Point R1 0.6891
Daily Pivot Point R2 0.6916
Daily Pivot Point R3 0.6938

 

 

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