Mar 25, 2019
AUD/USD Technical Analysis: Rolling into the Asian session above the 0.7100 figure
AUD/USD daily chart
- AUD/USD is trading in a bear trend below its main simple moving averages (SMAs).
AUD/USD 4-hour chart
- AUD/USD is trading above its main SMAs suggesting a bullish bias in the medium-term.
AUD/USD 30-minute chart
- AUD/USD is trading above its main SMAs suggesting a bullish bias in the short-term.
- A bullish break above 0.7120 can lead to 0.7140 and 0.7160 resistances.
- To the downside, support is at 0.7080 and 0.7065 level.
Additional key levels