AUDUSD on Monday rose 0.16% to 0.64383. Pair in consolidation. What we know.

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AUDUSD Analysis

Performance after Monday
Period Pct Chg Momentum
Monday 0.16% 10.3 Pips
Week to-date 0.16% 10.3 Pips
September -0.7% -45.3 Pips

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What happened lately

No major activities.


What can we expect from AUDUSD today?

AUDUSD on Monday rose 0.16% to 0.64383. Price is above 9-Day EMA while Stochastic is rising.

Updated daily direction for AUDUSD looks mixed as the pair is likely to consolidate above 0.64201 (S1).

Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 0.64488 or trades above daily pivot 0.64344. Break above could target R1 at 0.64527. While to the downside, we are looking at 0.64201 (S1) and daily low of 0.64162 as support levels. AUDUSD need to break on either side to indicate a short-term bias. A break above 0.64488 may suggest continuation after recent positive movement.

For the week to-date, take note that AUDUSD is mixed as compared to the prior week.

Key levels to watch out:

R3 0.64853
R2 0.6467
R1 0.64527
Daily Pivot 0.64344
S1 0.64201
S2 0.64018
S3 0.63875

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