AUDUSD on Tuesday rose 0.61% to 0.64884. Winners and losers.

AUDUSD Analysis

Performance after Tuesday
Period	Pct	Chg	Momentum
Tuesday	0.61%	39.5 Pips
Week to-date	1.12%	71.6 Pips
April	-0.51%	-33.4 Pips

Upcoming key events (London Time)

Wed 02:30 AM AUD CPI Inflation Rate (3-mth)
Wed 02:30 AM AUD Monthly CPI Indicator (12-mth)
Thu 01:30 PM USD GDP Annualized

What happened lately

No major activities.

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What can we expect from AUDUSD today?

AUDUSD on Tuesday rose 0.61% to 0.64884. 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 0.65055 with break above could target R2 at 0.65225 or figure level area. While towards the downside, we are looking at daily low of 0.64406 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.64901 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: