AUDUSD Analysis
Performance after Monday | |||||
Period | Pct | Chg | Momentum | ||
Monday | 0.44% | 29 Pips | |||
Week to-date | 0.44% | 28.8 Pips | |||
April | 1.3% | 84.8 Pips |
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What can we expect from AUDUSD today?
AUDUSD on Monday rose 0.44% to 0.66060. Price is above 9-Day EMA while Stochastic is rising.
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 0.66244 with break above could target R2 at 0.66427 or figure level area. While towards the downside, we are looking at daily low of 0.65589 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.66100 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 | 0.66755 |
R2 | 0.66427 |
R1 | 0.66244 |
Daily Pivot | 0.65916 |
S1 | 0.65733 |
S2 | 0.65405 |
S3 | 0.65222 |