AUDUSD on Tuesday rose 0.25% to 0.66684. What we know.

AUDUSD Analysis

Performance after Tuesday
Period	Pct	Chg	Momentum
Tuesday	0.25%	16.3 Pips
Week to-date	-0.08%	-5.5 Pips
July	-0.08%	-5.5 Pips

Upcoming key events (London Time)

Wed 02:30 AM AUD Retail Trade Turnover (seasonally adjusted) (1-mth)
Wed 07:00 PM USD FOMC Meeting Minutes
Thu 02:30 AM AUD Trade Balance (1-mth)

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 Tuesday rose 0.25% to 0.66684. Price is above 9-Day EMA while Stochastic is rising.

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

Looking ahead for the day, immediate upside resistance level is R1 at 0.66815 with break above could target R2 at 0.66945 or figure level area. While towards the downside, we are looking at daily low of 0.66336 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.66706 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: