AUD/USD technical analysis: Aussie is approaching the July highs, trading near 0.7040

  • AUD/USD is picking up steam above 0.7030 support.
  • The level to beat for bulls are 0.7060 followed by the 0.7100 handle.

AUD/USD daily chart

The Aussie is trading in a bear trend below its 200-day simple moving average (DSMA). It is currently challenging the weekly highs near 0.7040.

AUD/USD 4-hour chart

AUD/USD is nearing the July high near 0.7049 as the market is trading above its main SMAs. Bulls can drive the market towards 0.7060 and 0.7100 if they gather enoough steam.

AUD/USD 30-minute chart

AUD/USD is trading above the main SMAs suggesting bullish momentum in the near term. Supports are seen near 0.7030 and 0.7010, according to the Technical Confluences Indicator.


Additional key levels


Today last price 0.7043
Today Daily Change 0.0033
Today Daily Change % 0.47
Today daily open 0.701
Daily SMA20 0.6985
Daily SMA50 0.695
Daily SMA100 0.7018
Daily SMA200 0.7091
Previous Daily High 0.7025
Previous Daily Low 0.6996
Previous Weekly High 0.7026
Previous Weekly Low 0.6909
Previous Monthly High 0.7026
Previous Monthly Low 0.6831
Daily Fibonacci 38.2% 0.7007
Daily Fibonacci 61.8% 0.7014
Daily Pivot Point S1 0.6995
Daily Pivot Point S2 0.6981
Daily Pivot Point S3 0.6966
Daily Pivot Point R1 0.7025
Daily Pivot Point R2 0.704
Daily Pivot Point R3 0.7054



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