Back
19 Nov 2018
AUD/USD Technical Analysis: Aussie bears take the helm as the market is set to drop to 0.7250 level
AUD/USD 4-hour chart
- AUD/USD is trading in a bull trend above the 200-period simple moving average on the 4-hour chart.
- AUD/USD failed to sustain prices above the 0.7300 handle while technical indicators are weakening.
- AUD/USD is set to remain capped by 0.7320 with a potential drop to the 0.7250 level in the coming sessions.
-636782357004811643.png)
Additional key levels at a glance:
AUD/USD
Overview:
Last Price: 0.7292
Daily change: -43 pips
Daily change: -0.586%
Daily Open: 0.7335
Trends:
Daily SMA20: 0.7174
Daily SMA50: 0.7168
Daily SMA100: 0.7257
Daily SMA200: 0.7454
Levels:
Daily High: 0.7336
Daily Low: 0.725
Weekly High: 0.7336
Weekly Low: 0.7164
Monthly High: 0.724
Monthly Low: 0.702
Daily Fibonacci 38.2%: 0.7303
Daily Fibonacci 61.8%: 0.7283
Daily Pivot Point S1: 0.7278
Daily Pivot Point S2: 0.722
Daily Pivot Point S3: 0.7191
Daily Pivot Point R1: 0.7364
Daily Pivot Point R2: 0.7393
Daily Pivot Point R3: 0.7451