AUD/USD Technical Analysis: Sluggish below 0.7075 resistance

Flavio Tosti Independent Analyst

AUD/USD daily chart

AUD/USD is trading in a bear trend below its mains simple moving averages (SMA).
AUD/USD outlook is bearish below 0.7075 resistance.

AUD/USD 4-hour chart

AUD/USD is under pressure below its main SMAs.

AUD/USD 30-minute chart

AUD/USD is consolidating Friday’s gains above its main SMAs suggesting bullish momentum in the short-term.
A break of 0.7075 resistance can lead to 0.7100 to the upside.
However, if 0.7075 caps prices, it can lead to a decline to 0.7025 immediate support followed by 0.6990 level.

Additional key levels

AUD/USD

Overview
Today last price	0.7049
Today Daily Change	0.0003
Today Daily Change %	0.04
Today daily open	0.7046

Trends
Daily SMA20	0.7118
Daily SMA50	0.7108
Daily SMA100	0.7123
Daily SMA200	0.718

Levels
Previous Daily High	0.7062
Previous Daily Low	0.7002
Previous Weekly High	0.7155
Previous Weekly Low	0.6988
Previous Monthly High	0.7168
Previous Monthly Low	0.7002
Daily Fibonacci 38.2%	0.7039
Daily Fibonacci 61.8%	0.7025
Daily Pivot Point S1	0.7012
Daily Pivot Point S2	0.6978
Daily Pivot Point S3	0.6953
Daily Pivot Point R1	0.7071
Daily Pivot Point R2	0.7096
Daily Pivot Point R3	0.713

Author

Flavio Tosti

Independent Analyst

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