AUD/USD technical analysis: Aussie parked at 4-day lows ahead of Australian employment data

The Aussie lost considerable ground this Wednesday as it fell to new weekly lows.
The Australian employment data is coming up next at 1:30 GMT this Thursday.

Flavio Tosti Independent Analyst

AUD/USD daily chart

The Aussie is under heavy pressure trading at weekly low ahead of the release of the Australian employment data at 1:30 GMT on Thursday.

AUD/USD 4-hour chart

The Aussie is trading in a bear trend below the main simple moving averages (SMAs). The market is challenging the 0.6740 support. A break below that level would see the Aussie trade lower towards 0.6715 and 0.6675 in the medium term, according to the Technical Confluences Indicator.

AUD/USD 30-minute chart

The market is consolidating its intraday losses near the daily low. Immediate resistance can be seen at the 0.6760 level, according to the Technical Confluences Indicator.

Additional key levels

AUD/USD

Overview
Today last price	0.675
Today Daily Change	-0.0047
Today Daily Change %	-0.69
Today daily open	0.6797

Trends
Daily SMA20	0.6881
Daily SMA50	0.693
Daily SMA100	0.6979
Daily SMA200	0.7068

Levels
Previous Daily High	0.6818
Previous Daily Low	0.6747
Previous Weekly High	0.6822
Previous Weekly Low	0.6676
Previous Monthly High	0.7082
Previous Monthly Low	0.6832
Daily Fibonacci 38.2%	0.6791
Daily Fibonacci 61.8%	0.6774
Daily Pivot Point S1	0.6757
Daily Pivot Point S2	0.6716
Daily Pivot Point S3	0.6685
Daily Pivot Point R1	0.6828
Daily Pivot Point R2	0.6859
Daily Pivot Point R3	0.6899

Author

Flavio Tosti

Independent Analyst

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