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AUD/USD Technical Analysis: Aussie meets the 0.7200 resistance post-FOMC minutes

AUD/USD daily chart

  • AUD/USD is evolving in a bear trend below the 200 SMA.
  • AUD/USD is tested the 50 and 100 SMA near the 0.7200 figure.
  • The dovish FOMC minutes didn’t affect much the currency market.

AUD/USD 4-hour chart

  • AUD/USD is trading above the 0.7150 level and the 200 SMA. 

AUD/USD 30-minute chart

  • Bulls need to break above the 0.7200 figure for any further advances. 
  • As bears have the main trend on their side, the target to the downside might be located near 0.7100 figure. 

Additional key levels

AUD/USD

Overview:
    Today Last Price: 0.7179
    Today Daily change: 40 pips
    Today Daily change %: 0.560%
    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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