AUD/USD Technical Analysis: Downside calling
|AUD/USD daily chart
- AUD/USD is trading in a bear trend below its main simple moving averages (SMAs).
AUD/USD 4-hour chart
- AUD/USD is trading between the 50 and 100 SMAs suggesting a consolidation phase in the medium-term.
- A bear break below 0.7075 can lead to the 0.7050 support.
- Resistances are at 0.7100 figure and 0.7120 level.
Additional key levels
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