AUD/USD technical analysis: Aussie softening near daily lows, sub -0.7060 resistance

  • AUD/USD is pulling back down after hitting 2-month highs last week.
  • The level to beat for bears are 0.7030 followed by 0.7015.

AUD/USD daily chart


The Aussie is trading in a bear trend below the 0.7100 figure and its 200-day simple moving average (DSMA).

AUD/USD 4-hour chart


AUD/USD is retracing down as the market is trading above the main SMAs. Bulls are losing momentum as they need to reclaim the 0.7060 resistance in order to climb back up to the 0.7100 handle.

AUD/USD 30-minute chart

AUD/USD is trading towards the daily lows as the market is challenging the 200 SMA near 0.7035. The market is in a correction down and a break below 0.7030 suport can lead to 0.7015 and 0.6980 level, according to the Technical Confluences Indicator.

Additional key levels


Today last price 0.7039
Today Daily Change -0.0001
Today Daily Change % -0.01
Today daily open 0.704
Daily SMA20 0.6998
Daily SMA50 0.6953
Daily SMA100 0.7018
Daily SMA200 0.7091
Previous Daily High 0.7082
Previous Daily Low 0.7037
Previous Weekly High 0.7082
Previous Weekly Low 0.6996
Previous Monthly High 0.7026
Previous Monthly Low 0.6831
Daily Fibonacci 38.2% 0.7054
Daily Fibonacci 61.8% 0.7065
Daily Pivot Point S1 0.7024
Daily Pivot Point S2 0.7008
Daily Pivot Point S3 0.6979
Daily Pivot Point R1 0.7069
Daily Pivot Point R2 0.7098
Daily Pivot Point R3 0.7114



Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Feed news

Latest Forex News

Editors’ Picks

EUR/USD retreats after strong NFP, weak German data

EUR/USD is trading below   1.11 after US Non-Farm Payrolls beat expectations with 266K and mixed wage growth. Earlier, weak German data weighed on the euro. Updates on trade are awaited.


GBP/USD shrugs off strong NFP, focuses on UK elections

GBP/USD is trading below 1.3150 but off the post-NFP lows. The US gained more jobs than expected. The Conservatives remain in the lead ahead of the debate between PM Johnson and Labour leader Corbyn.


US recession? Not so fast, a calm look at the economy and currencies ahead of the NFP

Recent US economic indicators have been downbeat, but they include silver linings and are backed by robust consumption. Valeria Bednarik, Joseph Trevisani, and Yohay Elam...

Read more

Gold drops to fresh multi-day lows on upbeat NFP report

Gold faded an intraday bullish spike to the $1480 area and tumbled to fresh multi-day lows, around the $1465 region in reaction to upbeat US monthly jobs report.

Gold News

USD/JPY: bearish ahead of US employment figures

Japanese data missed the market’s expectations, triggering fresh concerns about the economy. Focus on US employment figures, market players anticipate dismal numbers. USD/JPY is technically bearish could break below the 108.00 level.