AUD/USD technical analysis: Aussie is challenging the 0.6960 to the downside

Flavio Tosti Independent Analyst

AUD/USD daily chart

AUD/USD is trading in a bear trend below its main simple moving averages (SMAs).
AUD/USD is under pressure below the 0.7000 handle.

AUD/USD 4-hour chart

AUD/USD is continuing to trade to the downside below its main SMAs suggesting bearish momentum in the medium term.

AUD/USD 30-minute chart

AUD/USD is trading below its main SMAs suggesting a bearish bias in the short-term. A break below 0.6960 support could open the gates to a continuation towards 0.6940/20 levels.
Resistance is at 0.6990 and 0.7010 levels.

Additional key levels

AUD/USD

Overview
Today last price	0.6967
Today Daily Change	-0.0032
Today Daily Change %	-0.46
Today daily open	0.6999

Trends
Daily SMA20	0.7063
Daily SMA50	0.7083
Daily SMA100	0.7108
Daily SMA200	0.716

Levels
Previous Daily High	0.7019
Previous Daily Low	0.6978
Previous Weekly High	0.7048
Previous Weekly Low	0.6947
Previous Monthly High	0.7206
Previous Monthly Low	0.6988
Daily Fibonacci 38.2%	0.7003
Daily Fibonacci 61.8%	0.6994
Daily Pivot Point S1	0.6979
Daily Pivot Point S2	0.6958
Daily Pivot Point S3	0.6938
Daily Pivot Point R1	0.7019
Daily Pivot Point R2	0.7039
Daily Pivot Point R3	0.706

Author

Flavio Tosti

Independent Analyst

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