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AUD/USD Technical Analysis: Aussie bears looking at the 0.7070 level

AUD/USD daily chart

  • AUD/USD is trading in a bear trend below the 200-period simple moving average (SMA).
  • The Aussie recovered more than 400 pips following the flash crash last week.

AUD/USD 4-hour chart

  • AUD/USD bullish recovery is now stalling below the 0.7150 resistance and the 200 SMA.


AUD/USD 30-minute chart

  • As long as 0.7150 caps prices, bears might come back and drive the market back to 0.7070 target.

Additional key levels

AUD/USD

Overview:
    Today Last Price: 0.713
    Today Daily change: -14 pips
    Today Daily change %: -0.196%
    Today Daily Open: 0.7144
Trends:
    Previous Daily SMA20: 0.7102
    Previous Daily SMA50: 0.7186
    Previous Daily SMA100: 0.7183
    Previous Daily SMA200: 0.7341
Levels:
    Previous Daily High: 0.7151
    Previous Daily Low: 0.7089
    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%: 0.7127
    Previous Daily Fibonacci 61.8%: 0.7113
    Previous Daily Pivot Point S1: 0.7105
    Previous Daily Pivot Point S2: 0.7066
    Previous Daily Pivot Point S3: 0.7043
    Previous Daily Pivot Point R1: 0.7167
    Previous Daily Pivot Point R2: 0.719
    Previous Daily Pivot Point R3: 0.7229

 

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