OctaFX | OctaFX Forex Broker
Open trading account

AUD/USD Technical Analysis: Aussie at daily highs testing the 0.7150 level

AUD/USD daily chart

  • AUD/USD is trading in a bear trend below the 50, 100 and 200-period simple moving averages (SMAs). 
  • AUD/USD had a 300-pip recovery after the flash crash last week.

AUD/USD 4-hour chart

  • AUD/USD broke above the 0.7100 figure and is near the 200 SMA. 

AUD/USD 30-minute chart

  • AUD/USD is trading above its main SMAs suggesting bullish momentum in the short-term.
  • Bulls would need to overcome 0.7150 and 0.7200 resistances.
  • Since the main trend is bearish, sellers might come back and bring the market to 0.7070 support.

Additional key levels


    Today Last Price: 0.7149
    Today Daily change: 33 pips
    Today Daily change %: 0.464%
    Today Daily Open: 0.7116
    Previous Daily SMA20: 0.7104
    Previous Daily SMA50: 0.7184
    Previous Daily SMA100: 0.7185
    Previous Daily SMA200: 0.7344
    Previous Daily High: 0.7125
    Previous Daily Low: 0.6993
    Previous Weekly High: 0.7125
    Previous Weekly Low: 0.6684
    Previous Monthly High: 0.7394
    Previous Monthly Low: 0.7014
    Previous Daily Fibonacci 38.2%: 0.7075
    Previous Daily Fibonacci 61.8%: 0.7043
    Previous Daily Pivot Point S1: 0.7031
    Previous Daily Pivot Point S2: 0.6946
    Previous Daily Pivot Point S3: 0.6899
    Previous Daily Pivot Point R1: 0.7163
    Previous Daily Pivot Point R2: 0.721
    Previous Daily Pivot Point R3: 0.7295


SNB’s Zurbruegg: CHF remains highly valued, markets are fragile

In an interview with Swiss broadcaster SRF on Monday, the SNB's Vice-Chairman Fritz Zurbruegg said that the CHF remained highly valued and markets wer
Read more Previous

UK's FTSE drops below the 23.6% Fibo and 7000 psychological level

Investors await the sound bites from a highly anticipated meeting between officials from Beijing and Washington due to meet later in the day in what w
Read more Next
Start livechat