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AUD/USD Technical Analysis: Drive back into 0.7200 sees significant resistance waiting

  • AUD/USD has drifted higher over the past week as the US Dollar takes a step lower, sending the pair into resistance near the key 0.7200 handle in one-sided action.

AUD/USD, 15-Minute

  • Despite a rapid plunge into 0.6770 on renewed risk aversion recently, the Aussie has recovered nicely, but a heavy resistance zone from 0.7200 - 0.7230 remains intact.

AUD/USD, 1-Hour

  • AUD/USD has gone sideways looking longer-term, cycling the 0.7200 level in rough action as Antipodean traders await further impetus to push the pair in either direction.

AUD/USD, 4-Hour

AUD/USD

Overview:
    Today Last Price: 0.7184
    Today Daily change: 3.0 pips
    Today Daily change %: 0.0418%
    Today Daily Open: 0.7181
Trends:
    Previous Daily SMA20: 0.7097
    Previous Daily SMA50: 0.7189
    Previous Daily SMA100: 0.7179
    Previous Daily SMA200: 0.7336
Levels:
    Previous Daily High: 0.7194
    Previous Daily Low: 0.713
    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%: 0.717
    Previous Daily Fibonacci 61.8%: 0.7154
    Previous Daily Pivot Point S1: 0.7143
    Previous Daily Pivot Point S2: 0.7104
    Previous Daily Pivot Point S3: 0.7079
    Previous Daily Pivot Point R1: 0.7207
    Previous Daily Pivot Point R2: 0.7232
    Previous Daily Pivot Point R3: 0.7271

 

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