AUD/USD Technical Analysis: contracting triangle breakdown seen in 15-min chart
- The AUD/USD has pierced the lower edge of the contracting triangle soon before press time, signaling the resumption of the drop from yesterday's high of 0.7149.
- On the hourly chart, the key MAs - 50, 100, and 200, are trending south and located one below the other.
- On the daily chart, the 5- and 10-day MAs are sloping downwards, pointing to short-term bearish setup.
- All this indicates, the pair is likely to revisit yesterday's low of 0.7086.
15-minute chart
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Trend: Bearish
AUD/USD
Overview:
Today Last Price: 0.711
Today Daily change: -7.0 pips
Today Daily change %: -0.0984%
Today Daily Open: 0.7117
Trends:
Previous Daily SMA20: 0.7231
Previous Daily SMA50: 0.7197
Previous Daily SMA100: 0.7216
Previous Daily SMA200: 0.7382
Levels:
Previous Daily High: 0.7149
Previous Daily Low: 0.7086
Previous Weekly High: 0.7247
Previous Weekly Low: 0.7151
Previous Monthly High: 0.7345
Previous Monthly Low: 0.7072
Previous Daily Fibonacci 38.2%: 0.7125
Previous Daily Fibonacci 61.8%: 0.711
Previous Daily Pivot Point S1: 0.7085
Previous Daily Pivot Point S2: 0.7054
Previous Daily Pivot Point S3: 0.7022
Previous Daily Pivot Point R1: 0.7149
Previous Daily Pivot Point R2: 0.7181
Previous Daily Pivot Point R3: 0.7212