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AUDUSD on Thursday rose 0.16% to 0.6642. Pair in consolidation. What happened.
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Thursday
Open High Low Close
0.66099 0.66710 0.65710 0.66421
Performance after Thursday
Period Pct Chg Momentum
Thursday 0.16% 10.7 Pips
Week to-date -1.13% -75.9 Pips
September -2.92% -199.9 Pips

Upcoming key events (London Time)

Fri 07:00 PM USD Fed’s Chair Powell speech

What happened lately

📆 🇦🇺 AUD S&P Global Services PMI in September preliminary estimate exceed forecast and rose to 50.4 points compared to previous figure 50.2 points in August. Source
📆 🇦🇺 AUD S&P Global Manufacturing PMI in September preliminary estimate below forecast and rose to 53.9 points compared to previous figure 53.8 points in August. Source
📆 USD In the week ending 17 September, the Initial Jobless Claims rose to 213K compared to previous figure 208K (revised from 213K).. Source
📆 ☢️ 🇺🇸 USD Fed Interest Rate Decision rose to 3.25% compared to previous rate 2.5%. Source


What can we expect from AUDUSD today?

AUDUSD on Thursday rose 0.16% to 0.6642. Price is below 9-Day EMA while Stochastic is falling but in oversold zone.

Updated daily direction for AUDUSD looks mixed as the pair is likely to consolidate above 0.65851 (S1).

Looking ahead today, we are looking at 0.6705 or 0.66851 (R1) as important resistance level while to the downside, the daily low of 0.6571 and 0.65851 (S1) as key support levels. AUDUSD need to break on either side to indicate a short-term bias. A break above 0.6671 would suggest bullish bias after recent positive movement.

For the week to-date, take note that AUDUSD is bearish as the pair posted lower by -1.13%.

Key levels to watch out:

R3 0.67851
R2 0.67280
R1 0.66851
Daily Pivot 0.66280
S1 0.65851
S2 0.65280
S3 0.64851

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Last updated: 12:31 am UTC, 23-Sep 2022

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