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AUD/USD stalls out in early in Wednesday action, run for 0.7200 falls shot

  • Swinging market senti7170 before immediate bedding back down to yesterday's familiar levels, though the pair maintains an interday bullish stacking overall, contin
  • uing to push upwards on Greenback weakness despite a notable lack of intrinsic buying power in the Aussie.

Australian Building Permitstulbed once again, falling -9.1% on Wednesday from 15.0 and a forecast of 2,9%. The missed reading is unlikely to drive much market attention as investors remained entirely focussed on results from US-China trade negotiations slated to begin today and continue through tomorrow, keeping high-impact market data at bay as the Pacific session rolls along.

AUD/USD Technical Level

AUD/USD

Overview:
    Today Last Price: 0.7153
    Today Daily change: 14 pips
    Today Daily change %: 0.196%
    Today Daily Open: 0.7139
Trends:
    Previous Daily SMA20: 0.7099
    Previous Daily SMA50: 0.7187
    Previous Daily SMA100: 0.7181
    Previous Daily SMA200: 0.7338
Levels:
    Previous Daily High: 0.7151
    Previous Daily Low: 0.7116
    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%: 0.7129
    Previous Daily Fibonacci 61.8%: 0.7138
    Previous Daily Pivot Point S1: 0.712
    Previous Daily Pivot Point S2: 0.71
    Previous Daily Pivot Point S3: 0.7085
    Previous Daily Pivot Point R1: 0.7155
    Previous Daily Pivot Point R2: 0.717
    Previous Daily Pivot Point R3: 0.719

 

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