AUD/USD Asia Price Forecast: Aussie eyeing the May’s eyes, trades near 0.6550 level
by Flavio Tosti- AUD/USD is trading off the May’s highs.
- The level to beat for bulls is the 0.6550 resistance.
AUD/USD four-hour chart
AUD/USD consolidates the recent gains while off the May’s highs. The aussie is trading just below the 0.6550 resistance and above the main SMAs while the bias remains tilted in favor of bulls in the medium-term. However, the spot will need a sustained break above the 0.6550 level for a potential retest of the May’s highs near the 0.6600 figure en route towards the 0.6700 level. On the other hand, support can emerge near the 0.6500 and 0.6480 levels.
Resistance: 0.6550, 0.6600, 0.6700
Support: 0.6500, 0.6480, 0.6400
Additional key levels
AUD/USD
Overview | |
---|---|
Today last price | 0.6546 |
Today Daily Change | 0.0009 |
Today Daily Change % | 0.14 |
Today daily open | 0.6537 |
Trends | |
---|---|
Daily SMA20 | 0.6489 |
Daily SMA50 | 0.6286 |
Daily SMA100 | 0.6495 |
Daily SMA200 | 0.6661 |
Levels | |
---|---|
Previous Daily High | 0.6578 |
Previous Daily Low | 0.6506 |
Previous Weekly High | 0.6617 |
Previous Weekly Low | 0.641 |
Previous Monthly High | 0.657 |
Previous Monthly Low | 0.598 |
Daily Fibonacci 38.2% | 0.6533 |
Daily Fibonacci 61.8% | 0.655 |
Daily Pivot Point S1 | 0.6502 |
Daily Pivot Point S2 | 0.6468 |
Daily Pivot Point S3 | 0.643 |
Daily Pivot Point R1 | 0.6575 |
Daily Pivot Point R2 | 0.6613 |
Daily Pivot Point R3 | 0.6647 |