AUD/USD boosted near 0.7400 figure


  • AUD/USD is trading inside yesterday’s range this Tuesday.
  • The 50-period simple moving average has crossed above the 200-period SMA suggesting a slight bullish bias in the short-term. 
  • AUD/USD is consolidating the intraday boost to 0.7400 figure and the next support is seen near 0.7380 June 26 low and 0.7364 June 28 high.  

AUD/USD 15-minute chart

Spot rate:                0.7385
Relative change:     0.63%     
High:                       0.7406
Low:                        0.7314

Trend:                      Neutral

Resistance 1:          0.7400 figure
Resistance 2:          0.7442 June 25
Resistance 3:          0.7476 May 30 low

Support 1:           0.7380 June 26 low
Support 2:           0.7364 June 28 high
Support 3:           0.7345 congestion zone
Support 4:           0.7323 former 2018 low
Support 5:           0.7310 current 2018 low
Support 6:           0.7246 December 25, 2016 high
Support 7:           0.7159 December 25, 2016 low
 



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