AUD/USD Asia Price Forecast: Aussie eyeing the May’s eyes, trades near 0.6550 level

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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.
 

https://editorial.fxstreet.com/miscelaneous/240-637260355337112226.png

 
 
Resistance: 0.6550, 0.6600, 0.6700
Support: 0.6500, 0.6480, 0.6400
 
 

Additional key levels

AUD/USD

Overview
Today last price0.6546
Today Daily Change0.0009
Today Daily Change %0.14
Today daily open0.6537

 

Trends
Daily SMA200.6489
Daily SMA500.6286
Daily SMA1000.6495
Daily SMA2000.6661

 

Levels
Previous Daily High0.6578
Previous Daily Low0.6506
Previous Weekly High0.6617
Previous Weekly Low0.641
Previous Monthly High0.657
Previous Monthly Low0.598
Daily Fibonacci 38.2%0.6533
Daily Fibonacci 61.8%0.655
Daily Pivot Point S10.6502
Daily Pivot Point S20.6468
Daily Pivot Point S30.643
Daily Pivot Point R10.6575
Daily Pivot Point R20.6613
Daily Pivot Point R30.6647