AUD/USD Technical Analysis: Quiet start of the week can lead to bulls eyeing 0.7150 resistance

Flavio Tosti Independent Analyst

AUD/USD daily chart

AUD/USD is trading in a bear trend below its 200-day simple moving averages (SMA).
AUD/USD is trading above the 0.7100 mark and the 50 and 100 SMA. All-in-all suggesting a mixed picture for the currency pair.

AUD/USD 4-hour chart

AUD/USD is dropping below the 50 and 100 SMAs but is still holding above the 200 SMA and the 0.7130 support level.

AUD/USD 30-minute chart

As AUD/USD found some support near 0.7130 bulls can try to drive the markets towards 0.7150/60 and 0.7180 if they gather enough steam.
A break below 0.7130 could lead to a spike down to 0.7100 figure.

Additional key levels

AUD/USD

Overview
Today last price	0.7134
Today Daily Change	-0.0017
Today Daily Change %	-0.24
Today daily open	0.7151

Trends
Daily SMA20	0.7128
Daily SMA50	0.7111
Daily SMA100	0.7134
Daily SMA200	0.7188

Levels
Previous Daily High	0.7168
Previous Daily Low	0.7142
Previous Weekly High	0.7206
Previous Weekly Low	0.7136
Previous Monthly High	0.7168
Previous Monthly Low	0.7002
Daily Fibonacci 38.2%	0.7158
Daily Fibonacci 61.8%	0.7152
Daily Pivot Point S1	0.7139
Daily Pivot Point S2	0.7127
Daily Pivot Point S3	0.7113
Daily Pivot Point R1	0.7165
Daily Pivot Point R2	0.718
Daily Pivot Point R3	0.7191

Author

Flavio Tosti

Independent Analyst

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