AUD/USD technical analysis: Aussie ends the week in the green above the 0.6900 handle.


  • The Aussie is clinging to weekly gains ending Friday above the 0.6900 handle.
  • The level to beat for bulls is the 0.6933 resistance level. 
 

AUD/USD daily chart 

 
The Aussie is trading in a downtrend below its 200-day simple moving average (DMA) on the daily chart. This Friday the Aussie made no significant advance while trading inside Thursday’s range.
 
 

AUD/USD 4-hour chart

 
The market is trading above the main SMAs, suggesting a bullish bias in the medium term. The medium term bull trend remains intact with the level to beat for bulls at the 0.6933 level followed by 0.6960 and the 0.7000 handle, according to the Technical Confluences Indicator. 
 

AUD/USD 30-minute chart 

 
The spot is trading above its main SMAs, suggesting a bullish bias in the near term. Support is seen at 0.6895, 0.6870 and 0.6850 price level.
 
However, a daily close below the 0.6850 might mean a potential slowdown in the bull trend. 
 

Additional key levels

AUD/USD

Overview
Today last price 0.6913
Today Daily Change 0.0019
Today Daily Change % 0.28
Today daily open 0.6894
 
Trends
Daily SMA20 0.6809
Daily SMA50 0.6796
Daily SMA100 0.685
Daily SMA200 0.6957
 
Levels
Previous Daily High 0.693
Previous Daily Low 0.6883
Previous Weekly High 0.6884
Previous Weekly Low 0.6808
Previous Monthly High 0.693
Previous Monthly Low 0.667
Daily Fibonacci 38.2% 0.6901
Daily Fibonacci 61.8% 0.6912
Daily Pivot Point S1 0.6875
Daily Pivot Point S2 0.6855
Daily Pivot Point S3 0.6828
Daily Pivot Point R1 0.6922
Daily Pivot Point R2 0.6949
Daily Pivot Point R3 0.6969

 

 

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