AUDUSD on Monday rose 0.17% to 0.67864. What we know.

AUDUSD Analysis

Performance after Monday
Period	Pct	Chg	Momentum
Monday	0.17%	11.7 Pips
Week to-date	0.15%	10.4 Pips
September	-0.14%	-9.4 Pips

Upcoming key events (London Time)

Wed 02:30 AM AUD GDP (3-mth)

What happened lately

🇦🇺 Australia’s Building Dwelling Approvals (1-mth) rose to 10.4% in July, up from -6.5% in June. Source: Australian Bureau of Statistics

Latest from X (Twitter)

Tweets by Australian Bureau of Statistics

What can we expect from AUDUSD today?

AUDUSD on Monday rose 0.17% to 0.67864. Price is above 9-Day EMA while Stochastic is falling.

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 0.68021 with break above could target R2 at 0.68179 or figure level area. While towards the downside, we are looking at daily low of 0.67564 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.67950 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:

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