AUDUSD on Tuesday rose 0.82% to 0.67612. What we know.

AUDUSD Analysis

Performance after Tuesday
Period	Pct	Chg	Momentum
Tuesday	0.82%	54.9 Pips
Week to-date	0.93%	62.3 Pips
December	2.34%	154.4 Pips

Upcoming key events (London Time)

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What can we expect from AUDUSD today?

AUDUSD on Tuesday rose 0.82% to 0.67612. 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 0.67897 with break above could target R2 at 0.68181 or figure level area. While towards the downside, we are looking at daily low of 0.67024 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.67745 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 0.93% over the past few days.

Key levels to watch out: