AUDUSD on Tuesday rose 0.38% to 0.68279. What we know.

AUDUSD on Tuesday rose 0.38% to 0.68279. What we know.

AUDUSD Analysis

Performance after Tuesday
Period Pct Chg Momentum
Tuesday 0.38% 25.9 Pips
Week to-date 0.44% 30 Pips
December 3.39% 224.1 Pips

Upcoming key events (London Time)

No major events for the day.

What happened lately

No major activities.

Latest from X (Twitter)

What can we expect from AUDUSD today?

AUDUSD on Tuesday rose 0.38% to 0.68279. Price is above 9-Day EMA while Stochastic is rising in overbought zone.

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 0.6839 with break above could target R2 at 0.68502 or figure level area. While towards the downside, we are looking at daily low of 0.67969 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.68291 may suggest continuation after recent positive movement.

For the week to-date, take note that AUDUSD is bullish as the pair continued to trade higher and is up by 0.44% over the past few days.

Key levels to watch out:

R3 0.68712
R2 0.68502
R1 0.6839
Daily Pivot 0.6818
S1 0.68068
S2 0.67858
S3 0.67746

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