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6 Aug 2019
AUD/USD technical analysis: Aussie is under pressure near 0.6760 at multi-month lows
- The buck is up across the board as the market mood improves slightly.
- The level to beat for bears are seen at 0.6761 and 0.6740 supports.
AUD/USD daily chart
The Aussie is under pressure near multi-month lows while trading in a bear trend below its main daily simple moving averages (DSMAs).
AUD/USD 4-hour chart
The Aussie is trading in a strong bear trend below the main SMAs. Bears intend to break below 0.6761 support to reach 0.6740 and 0.6715 levels, according to the Technical Confluences Indicator.
AUD/USD 30-minute chart
The market is under pressure below its main SMAs. AUD/USD could find immediate resistance at 0.6785 and the 0.6800 figure, according to the Technical Confluences Indicator.
Additional key levels