AUD/USD Technical Analysis: Dead cat bounce or bull reversal near 0.7000 handle ?

Flavio Tosti Independent Analyst

AUD/USD daily chart

AUD/USD is trading in a bear trend below its mains simple moving averages (SMAs).

AUD/USD 4-hour chart

AUD/USD is trading above the 0.7000 handle.

AUD/USD 30-minute chart

The Aussie is trading above 0.7010 support and the 100 SMA suggesting bullish momentum in the short-term.
A break above 0.7030 resistance can lead to further gains towards 0.7050 and 0.7070 resistances.
Support is at 0.7010 and 0.6990 level.

Additional key levels

AUD/USD

Overview
Today last price	0.702
Today Daily Change	0.0020
Today Daily Change %	0.29
Today daily open	0.7

Trends
Daily SMA20	0.7104
Daily SMA50	0.7099
Daily SMA100	0.7116
Daily SMA200	0.7172

Levels
Previous Daily High	0.703
Previous Daily Low	0.6994
Previous Weekly High	0.7155
Previous Weekly Low	0.6988
Previous Monthly High	0.7206
Previous Monthly Low	0.6988
Daily Fibonacci 38.2%	0.7008
Daily Fibonacci 61.8%	0.7016
Daily Pivot Point S1	0.6986
Daily Pivot Point S2	0.6972
Daily Pivot Point S3	0.695
Daily Pivot Point R1	0.7022
Daily Pivot Point R2	0.7044
Daily Pivot Point R3	0.7058

Author

Flavio Tosti

Independent Analyst

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