Forex Technical Analysis AUD/USD 2012-04-11
- 2013-06-17
- 2013-06-07
- 2013-05-30
- 2013-05-22
- 2013-05-14
- 2013-05-03
- 2013-04-26
- 2013-04-08
- 2013-03-29
- 2013-03-21
- 2013-03-13
- 2013-03-01
- 2013-02-20
- 2013-02-06
- 2013-01-29
| Levels | Value |
| RES 3 | 1.0550 |
| RES 2 | 1.0460 |
| RES 1 | 1.0330 |
| SUP 1 | 1.0240 |
| SUP 2 | 1.0136 |
| SUP 3 | 1.0034 |
Pair AUD/USD remains under pressure after falling today to a 3-month low 1.0225, below current values of 144-day moving average curve, and reaching 62.8% Fibonacci extension level for the growth wave December 2011 – February 2012. The pair therefore remains inside a short-term descending channel with the upper border close to 20-day moving average curve, although the pace of declines has moderated recently. The nearest support levels can be settled at 1.0240 and 1.0136. Strong resistance levels on the other hand may come at 1.0330-1.0357, close to 50% Fibonacci extension and 20-day moving average curve, then at 1.0460.
