AUDUSD on Monday rose 0.78% to 0.67330. What we know.

AUDUSD Analysis

Performance after Monday
Period	Pct	Chg	Momentum
Monday	0.78%	52.2 Pips
Week to-date	0.78%	52 Pips
August	2.84%	186 Pips

Upcoming key events (London Time)

Tue 02:30 AM AUD RBA Meeting Minutes
Wed 07:00 PM USD FOMC Meeting Minutes

What happened lately

No major activities.

Latest from X (Twitter)

Tweets by Australian Bureau of Statistics

What can we expect from AUDUSD today?

AUDUSD on Monday rose 0.78% to 0.67330. Price is above 9-Day EMA while Stochastic is rising.

Updated daily direction for AUDUSD looks bullish as the pair ended higher after Monday trading session.

Looking ahead for the day, immediate upside resistance level is R1 at 0.67542 with break above could target R2 at 0.67755 or figure level area. While towards the downside, we are looking at daily low of 0.66713 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.67340 may suggest continuation after recent positive movement.

For the week to-date, take note that AUDUSD is bullish as the pair continued to trade higher and is up by 0.78% over the past few days.

Key levels to watch out:

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