AUD/USD technical analysis: Aussie weakening to 4-day lows near 0.6960

Flavio Tosti Independent Analyst

AUD/USD daily chart

AUD/USD is in a bear trend below its main daily simple moving averages (DSMAs). The market is trading at its lowest in 4 days.

AUD/USD 4-hour chart

AUD/USD is ending the day on its low challenging the 50 and 200 SMAs.

AUD/USD 30-minute chart

AUD/USD is trading under bearish pressure below its main SMAs. A break below 0.6960 can send the Aussie to 0.6930 and 0.6900 handle. Resistances are seen at the 0.7000 and 0.7020 levels.

Additional key levels

AUD/USD

Overview
Today last price	0.6963
Today Daily Change	-0.0037
Today Daily Change %	-0.53
Today daily open	0.7

Trends
Daily SMA20	0.693
Daily SMA50	0.7021
Daily SMA100	0.7071
Daily SMA200	0.7122

Levels
Previous Daily High	0.7022
Previous Daily Low	0.6963
Previous Weekly High	0.7022
Previous Weekly Low	0.6927
Previous Monthly High	0.7062
Previous Monthly Low	0.6862
Daily Fibonacci 38.2%	0.7
Daily Fibonacci 61.8%	0.6986
Daily Pivot Point S1	0.6968
Daily Pivot Point S2	0.6936
Daily Pivot Point S3	0.6909
Daily Pivot Point R1	0.7027
Daily Pivot Point R2	0.7054
Daily Pivot Point R3	0.7087

Author

Flavio Tosti

Independent Analyst

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