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AUD/USD technical analysis: The Aussie recoups parts of daily losses, trading sub-0.6800 handle

The Aussie is starting the week unable to capitalize on last week's gains. 
The level to beat for bulls is the 0.6780 resistance.
 

AUD/USD daily chart 

 
The Aussie is trading in a downtrend below its 100 and 200 simple moving averages (SMAs) on the daily chart. Columbus Day in the United States is keeping volatility limited. 
 
 

AUD/USD 4-hour chart

 
The AUD/USD exchange rate is trading between the 100 and 200 SMAs, suggesting a sideways market in the medium term. The spot is challenging the 0.6780 resistance. A break above the level can see the Aussie moving up the 0.6820 level, according to the Technical Confluences Indicator.

AUD/USD 30-minute chart

 
AUD/USD is trading below the 50 and 100 SMAs on the 30-minute chart, suggesting a consolidation in the near term. Support is seen at the 0.6750 and 0.6720 price level.
 

Additional key levels

AUD/USD

Overview
Today last price0.6775
Today Daily Change-0.0014
Today Daily Change %-0.21
Today daily open0.6789
 
Trends
Daily SMA200.6768
Daily SMA500.6778
Daily SMA1000.6866
Daily SMA2000.698
 
Levels
Previous Daily High0.6811
Previous Daily Low0.6752
Previous Weekly High0.6811
Previous Weekly Low0.6704
Previous Monthly High0.6895
Previous Monthly Low0.6687
Daily Fibonacci 38.2%0.6789
Daily Fibonacci 61.8%0.6775
Daily Pivot Point S10.6757
Daily Pivot Point S20.6726
Daily Pivot Point S30.6699
Daily Pivot Point R10.6816
Daily Pivot Point R20.6843
Daily Pivot Point R30.6874

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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