AUD/USD Technical Analysis: Aussie erasing Chinese GDP-inspired gains

Flavio Tosti Independent Analyst

AUD/USD daily chart

AUD/USD is trading in a bear trend below its 200-day simple moving averages (SMA).

AUD/USD 4-hour chart

AUD/USD is trading above its main SMAs suggesting a bullish bias in the medium-term.
AUD/USD is still limited by the 0.7200 figure.

AUD/USD 30-minute chart

AUD/USD erased the gains made in Asia on the back of the positive Chinese GDP.
AUD/USD is expected to consolidate between the 0.7180 and 0.7160 level.

Additional key levels

AUD/USD

Overview
Today last price	0.7176
Today Daily Change	0.0001
Today Daily Change %	0.01
Today daily open	0.7175

Trends
Daily SMA20	0.7119
Daily SMA50	0.7108
Daily SMA100	0.7138
Daily SMA200	0.7192

Levels
Previous Daily High	0.718
Previous Daily Low	0.7139
Previous Weekly High	0.7193
Previous Weekly Low	0.7087
Previous Monthly High	0.7168
Previous Monthly Low	0.7002
Daily Fibonacci 38.2%	0.7164
Daily Fibonacci 61.8%	0.7155
Daily Pivot Point S1	0.7149
Daily Pivot Point S2	0.7124
Daily Pivot Point S3	0.7108
Daily Pivot Point R1	0.719
Daily Pivot Point R2	0.7206
Daily Pivot Point R3	0.7231

Author

Flavio Tosti

Independent Analyst

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