AUDUSD Analysis
| Performance after Monday | |||||
| Period | Pct | Chg | Momentum | ||
| Monday | 0.05% | 3.4 Pips |  |
||
| Week to-date | 0.68% | 45.4 Pips | |
||
| March | -0.56% | -37.6 Pips |  |
||
Upcoming key events (London Time)
Wed 01:30 AM AUD Monthly CPI Inflation Rate (12-mth) | Feb
What happened lately
No major activities.
What can we expect from AUDUSD today?
AUDUSD on Monday rose 0.05% to 0.66484. Price is above 9-Day EMA while Stochastic is falling.
Updated daily direction for AUDUSD looks mixed as the pair is likely to consolidate above 0.6631 (S1).
Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 0.66657 or trades above daily pivot 0.66484. While to the downside, the daily low of 0.66310 and 0.6631 (S1) as immediate support levels. AUDUSD need to break on either side to indicate a short-term bias. A break above 0.66657 would suggest bullish bias after recent positive movement.
For the week to-date, take note that AUDUSD is mixed as the current price action remain uncertain due to trader indecisiveness.
Key levels to watch out:
| R3 | 0.67004 |
| R2 | 0.66831 |
| R1 | 0.66657 |
| Daily Pivot | 0.66484 |
| S1 | 0.6631 |
| S2 | 0.66137 |
| S3 | 0.65963 |
You might be interested in:
No major reports.
Disclaimer: We do not endorsed nor verified the posts provided by Twitter. This widget is provided to you as a convenience only and is not affiliated with all parties in any way.
