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AUDUSD on Monday rose 0.22% to 0.66748. What we know.

AUDUSD on Monday rose 0.22% to 0.66748. What we know.

AUDUSD Analysis

Performance after Monday
Period Pct Chg Momentum
Monday 0.22% 14.8 Pips
Week to-date 0.23% 15 Pips
July 0.23% 15 Pips

Upcoming key events (London Time)

Tue 05:30 AM AUD RBA Interest Rate Decision (Cash Rate Target)
Tue 05:30 AM AUD RBA Cash Rate Statement
Wed 07:00 PM USD FOMC Meeting Minutes

What happened lately

No major activities.


AUDUSD 4-hour Chart by TradingView

What can we expect from AUDUSD today?

AUDUSD on Monday rose 0.22% to 0.66748. Price is below 9-Day EMA while Stochastic is rising in oversold zone.

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 0.66988 with break above could target R2 at 0.67228 or figure level area. While towards the downside, we are looking at daily low of 0.66366 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.66917 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:

R3 0.67539
R2 0.67228
R1 0.66988
Daily Pivot 0.66677
S1 0.66437
S2 0.66126
S3 0.65886

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