AUD/USD technical analysis: Aussie climbing to two-day highs above the 0.6900 figure post US data


  • The US Durable Goods Orders came in worse-than-expected at -2.5% in April vs. -2% expected by anaysts. The news adds weight to the greenback weakness.
  • AUD/USD is showing some strength in the last two days but can bulls sustain the counter-trend move at least to the 0.6960 resistance?

AUD/USD daily chart

AUD/USD is trading in a bear trend below its main simple moving averages (SMAs). The Aussie is consolidating its losses at multi-month lows.

AUD/USD 4-hour chart

The current USD weakness is giving AUD/USD a boost while bulls are breaking above 0.6900 and and the 50 SMA. 


AUD/USD 30-minute chart


The Aussie is trading above the 0.6900 level and its main SMAs. Bulls can try to reach 0.6930 and 0.6960 resistances. Support is at the 0.6900 figure 0.6880 level.


Additional key levels

AUD/USD

Overview
Today last price 0.6909
Today Daily Change 0.0010
Today Daily Change % 0.14
Today daily open 0.6899
 
Trends
Daily SMA20 0.6965
Daily SMA50 0.7054
Daily SMA100 0.7096
Daily SMA200 0.7141
Levels
Previous Daily High 0.6902
Previous Daily Low 0.6864
Previous Weekly High 0.7003
Previous Weekly Low 0.6862
Previous Monthly High 0.7206
Previous Monthly Low 0.6988
Daily Fibonacci 38.2% 0.6887
Daily Fibonacci 61.8% 0.6879
Daily Pivot Point S1 0.6875
Daily Pivot Point S2 0.685
Daily Pivot Point S3 0.6837
Daily Pivot Point R1 0.6913
Daily Pivot Point R2 0.6926
Daily Pivot Point R3 0.6951

 

 

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