AUDUSD on Monday dropped -0.23% to 0.64227. Pair in consolidation. What we know.

Share on facebook
Share on twitter
Share on linkedin

AUDUSD Analysis

Performance after Monday
Period Pct Chg Momentum
Monday -0.23% -14.9 Pips
Week to-date -0.23% -14.9 Pips
September -0.94% -60.9 Pips

Upcoming key events (London Time)

Wed 02:30 AM AUD Monthly CPI Inflation Rate (12-mth)

What happened lately

No major activities.

What can we expect from AUDUSD today?

AUDUSD on Monday dropped -0.23% to 0.64227. Price is below 9-Day EMA while Stochastic is falling.

Updated daily direction for AUDUSD looks mixed as the pair is likely to consolidate above 0.64021 (S1).

Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 0.64466 or trades above daily pivot 0.64243. Break above could target R1 at 0.6445. While to the downside, we are looking at 0.64021 (S1) and daily low of 0.64037 as support levels. AUDUSD need to break on either side to indicate a short-term bias. A close below 0.64037 would indicate selling pressure.

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

Key levels to watch out:

R3 0.64879
R2 0.64672
R1 0.6445
Daily Pivot 0.64243
S1 0.64021
S2 0.63814
S3 0.63592

#AUDUSD Trending on Twitter

Disclaimer: We do not endorsed nor verified the posts provided by Twitter. This widget is provided to you as a convenience only and is not affiliated with all parties in any way.

Press Release