AUD/USD technical analysis: Dead-cat-bounce vs. Bottom on the Aussie


AUD/USD daily chart

AUD/USD is trading in a bear trend below its main simple moving averages (SMAs) while at multi-month low. The Aussie has been consolidating its losses in the last four days. 

AUD/USD 4-hour chart

AUD/USD is in a range below its main SMAs while bulls are attempting to form a base. The current USD weakness can give AUD/USD a boost.


AUD/USD 30-minute chart


The Aussie is close to challenging the 0.6900 figure while trading above its main SMAs. A break above the level can send AUD/USD towards 0.6930 and 0.6960 resistances. Support is at the 0.6860 level.


Additional key levels

AUD/USD

Overview
Today last price 0.6896
Today Daily Change 0.0015
Today Daily Change % 0.22
Today daily open 0.6881
 
Trends
Daily SMA20 0.6971
Daily SMA50 0.7057
Daily SMA100 0.7097
Daily SMA200 0.7143
Levels
Previous Daily High 0.6897
Previous Daily Low 0.6871
Previous Weekly High 0.7003
Previous Weekly Low 0.6862
Previous Monthly High 0.7206
Previous Monthly Low 0.6988
Daily Fibonacci 38.2% 0.6881
Daily Fibonacci 61.8% 0.6887
Daily Pivot Point S1 0.6869
Daily Pivot Point S2 0.6857
Daily Pivot Point S3 0.6843
Daily Pivot Point R1 0.6895
Daily Pivot Point R2 0.6909
Daily Pivot Point R3 0.6921

 

 

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