AUD/USD Technical Analysis: Aussie meets 0.7300 brick wall as the bulls are running out of steam


  • AUD/USD is trading in a bull trend above the 200-period simple moving average. 
  • AUD/USD is finding some resistance at the 0.7300 resistance while the Stochastic indicator is in the overbought zone.
  • A pullback to down to 0.7260 and 0.7200 figure could be on the cards for bears.

AUD/USD 4-hour chart

Main trend:              Bullish

Resistance 1:          0.7300 figure
Resistance 2:          0.7383 August 21 high
Resistance 3:          0.7400 figure

Support 1:               0.7260 November 2 high
Support 2:               0.7174-0.7200 zone, 200 SMA (4H) and August 15 low
Support 3:               0.7144 September 5 low
Support 4:               0.7100 figure
Support 5:               0.7085, September 11 low
Support 6:               0.7050 figure


Additional key levels at a glance:

AUD/USD

Overview:
    Last Price: 0.7277
    Daily change: 52 pips
    Daily change: 0.720%
    Daily Open: 0.7225
Trends:
    Daily SMA20: 0.7118
    Daily SMA50: 0.7161
    Daily SMA100: 0.7268
    Daily SMA200: 0.7483
Levels:
    Daily High: 0.7243
    Daily Low: 0.7204
    Weekly High: 0.726
    Weekly Low: 0.705
    Monthly High: 0.724
    Monthly Low: 0.702
    Daily Fibonacci 38.2%: 0.7228
    Daily Fibonacci 61.8%: 0.7219
    Daily Pivot Point S1: 0.7205
    Daily Pivot Point S2: 0.7186
    Daily Pivot Point S3: 0.7167
    Daily Pivot Point R1: 0.7244
    Daily Pivot Point R2: 0.7263
    Daily Pivot Point R3: 0.7282


 

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