AUD/USD Technical Analysis: Key Levels and Trend

Note: This section contains information in English only.
Source: Dukascopy Bank SA
AUD/USD is moving sideways with a neutral to slightly bearish bias. After falling from around 0.6765, the pair has settled into a consolidation range between 0.6670 and 0.6720, with the current price near 0.6696. Recent price action shows choppy movement and a rejection near 0.6720, followed by a mild bounce that lacks strong momentum.



The 90-period moving average sits around 0.6698 and is acting as resistance, while its flat slope confirms the sideways trend. The RSI is near 51, showing no strong momentum in either direction, though it has a slight short-term upward tilt. In the near term, a clear move above 0.6700 could allow a retest of 0.6720 and potentially higher, while failure to break resistance may lead to another test of 0.6670. A drop below that level would shift focus toward deeper support near 0.6640.

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