AUDUSD Analysis
| Performance after Monday | |||
| Period | Pct | Chg | Momentum |
| Monday | 0% | 0 Pips | ▼ |
| Week to-date | 0% | 0 Pips | ▼ |
| June | -1.92% | -138.0 Pips | ▼ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Wed 08:30 PM | USD | HIGH | CPI Inflation Rate (1-mth) |
What can we expect from AUDUSD today?
The AUDUSD pair closed unchanged at 0.70450 on Monday, reflecting a mixed daily outlook. Traders are watching for potential movements as the pair remains below the 9-day EMA, with stochastic indicators rising in the oversold zone.
📈 Bull Scenario A bullish scenario could unfold if the AUDUSD breaks above the daily pivot of 0.7046, aiming towards the first resistance level at 0.7076. A sustained move beyond R1 may target the second resistance level at 0.7107, suggesting stronger upward momentum. | 📉 Bear Scenario Conversely, a bearish trend might emerge if the pair falls below the first support level at 0.7015. Further declines could see the AUDUSD testing the second support level at 0.6985, indicating increased selling pressure. |
Key levels to watch out:
| R3 | 0.7137 |
| R2 | 0.7107 |
| R1 | 0.7076 |
| Daily Pivot | 0.7046 |
| S1 | 0.7015 |
| S2 | 0.6985 |
| S3 | 0.6954 |