AUD/USD Technical Analysis: Aussie jumps to 2-week highs near 0.7170 level

Flavio Tosti Independent Analyst

AUD/USD daily chart

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

AUD/USD 4-hour chart

AUD/USD is trading above its main SMAs suggesting bullish momentum.

AUD/USD 30-minute chart

As discussed yesterday, the Aussie declined to the 0.7100 figure to then pick up pace towards our target which remains at 0.7240.
Support is at 0.7150 and 0.7100 level.

Additional key levels

AUD/USD

Overview:
    Today Last Price: 0.7168
    Today Daily change: 35 pips
    Today Daily change %: 0.49%
    Today Daily Open: 0.7133
Trends:
    Daily SMA20: 0.7151
    Daily SMA50: 0.7137
    Daily SMA100: 0.7161
    Daily SMA200: 0.7271
Levels:
    Previous Daily High: 0.7161
    Previous Daily Low: 0.7124
    Previous Weekly High: 0.7149
    Previous Weekly Low: 0.7053
    Previous Monthly High: 0.7296
    Previous Monthly Low: 0.6684
    Daily Fibonacci 38.2%: 0.7138
    Daily Fibonacci 61.8%: 0.7147
    Daily Pivot Point S1: 0.7118
    Daily Pivot Point S2: 0.7102
    Daily Pivot Point S3: 0.7081
    Daily Pivot Point R1: 0.7155
    Daily Pivot Point R2: 0.7176
    Daily Pivot Point R3: 0.7192

Author

Flavio Tosti

Independent Analyst

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