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AUD/USD Technical Analysis: Aussie bulls looking for a breakout ahead of Australian GDP

AUD/USD 4-hour chart

  • Aussie bulls found some support at 0.7060 level. 
  • Bull targets are at 0.7140 and 0.7200 level.
  • However, a break below 0.7060 would open the doors to 0.7100 figure.
  • The Australian GDP will be released at 00.30 GMT and can lead to volatility in the market.


Additional key levels

AUD/USD

Overview:
    Today Last Price: 0.7084
    Today Daily change %: -0.10%
    Today Daily Open: 0.7091
Trends:
    Daily SMA20: 0.7124
    Daily SMA50: 0.7134
    Daily SMA100: 0.7164
    Daily SMA200: 0.725
Levels:
    Previous Daily High: 0.7118
    Previous Daily Low: 0.7074
    Previous Weekly High: 0.7199
    Previous Weekly Low: 0.7069
    Previous Monthly High: 0.7285
    Previous Monthly Low: 0.7053
    Daily Fibonacci 38.2%: 0.7091
    Daily Fibonacci 61.8%: 0.7101
    Daily Pivot Point S1: 0.7071
    Daily Pivot Point S2: 0.7051
    Daily Pivot Point S3: 0.7027
    Daily Pivot Point R1: 0.7114
    Daily Pivot Point R2: 0.7138
    Daily Pivot Point R3: 0.7158

 

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