Forex analytics and overview

AUD/USD Attempts To Break Support

2022.05.26 16:51

AUD/USD is currently at 0.7077 in a range. If we can break support at 0.7064, we are looking for a continuation to the ATR target 0.7000 area and then the 0.500 Fibonacci level at 0. 6979.

Above 0.7100, look for 0.7200. Watch the DXY for any change in direction. The ATR for the pair currently is 94 pips per day, and its 180-day average is 84 pips per day. DXY is currently up at the time of this post.AUD/USD Attempts To Break SupportAUD/USD technical analysis chart.

Source

Related Articles

Leave a Reply

Back to top button