AUD/USD Technical Analysis: pinging a three-year low at the 0.7000 level

The Aussie-Dollar pairing is dropping further, sending the AUD into the 0.7000 handle as the bearish pair shakes loose of this week's early support levels.

Joshua Gibson FXStreet

AUD/USD. 5-Minute

Wednesday's early decline sees AUD/USD geared for another freefall as long as sellers can clear the 0.7000 major barrier, with nothing in the way of near-term support to impede declines.

AUD/USD, 30-Minute

AUD/USD is dropping into a fresh three-year low as the Aussie's confidence continues to evaporate in the Pacific sector, and 2019 opens on a firmly bearish note for the Antipodean.

AUD/USD, 4-Hour

AUD/USD

Overview:
    Today Last Price: 0.7025
    Today Daily change: -31 pips
    Today Daily change %: -0.439%
    Today Daily Open: 0.7056
Trends:
    Previous Daily SMA20: 0.7134
    Previous Daily SMA50: 0.7186
    Previous Daily SMA100: 0.7192
    Previous Daily SMA200: 0.7354
Levels:
    Previous Daily High: 0.7072
    Previous Daily Low: 0.6996
    Previous Weekly High: 0.7078
    Previous Weekly Low: 0.7014
    Previous Monthly High: 0.7394
    Previous Monthly Low: 0.7014
    Previous Daily Fibonacci 38.2%: 0.7043
    Previous Daily Fibonacci 61.8%: 0.7025
    Previous Daily Pivot Point S1: 0.7011
    Previous Daily Pivot Point S2: 0.6965
    Previous Daily Pivot Point S3: 0.6935
    Previous Daily Pivot Point R1: 0.7087
    Previous Daily Pivot Point R2: 0.7117
    Previous Daily Pivot Point R3: 0.7163

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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