AUDUSD on Tuesday rose 0.4% to 0.66286. What we know.

AUDUSD Analysis

Performance after Tuesday
Period	Pct	Chg	Momentum
Tuesday	0.4%	26.7 Pips
Week to-date	0.89%	58.3 Pips
April	1.46%	95.5 Pips

Upcoming key events (London Time)

Wed 01:30 PM USD CPI Inflation Rate (1-mth)
Wed 01:30 PM USD CPI Inflation Rate (12-mth)
Wed 07:00 PM USD FOMC Meeting Minutes
Thu 01:30 PM USD PPI excluding Food and Energy sectors (12-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 0.4% to 0.66286. 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 0.66492 with break above could target R2 at 0.66699 or figure level area. While towards the downside, we are looking at daily low of 0.65981 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.66443 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 0.89% over the past few days.

Key levels to watch out: