AUDUSD Analysis
| Performance after Monday | |||
| Period | Pct | Chg | Momentum |
| Monday | 0.17% | 12.0 Pips | ▲ |
| Week to-date | 0.17% | 12.0 Pips | ▲ |
| July | 0.48% | 33.0 Pips | ▲ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Thu 02:00 AM | USD | HIGH | FOMC Meeting Minutes |
What can we expect from AUDUSD today?
The AUDUSD pair closed with a modest gain of 0.17% on Monday, ending the session at 0.69520. The daily outlook remains bullish, supported by the price trading above the 9-day EMA.
📈 Bull Scenario A continued bullish momentum could be triggered if the pair breaks above the daily high of 0.69580. Traders should watch for resistance at R1, 0.6967, and further at R2, 0.6982, as potential targets for an upward move. | 📉 Bear Scenario On the downside, a bearish scenario might unfold if the pair dips below the daily pivot of 0.6943. In such a case, support levels to monitor include S1 at 0.6928 and S2 at 0.6904, which could act as potential floors for the pair. |
Key levels to watch out:
| R3 | 0.7006 |
| R2 | 0.6982 |
| R1 | 0.6967 |
| Daily Pivot | 0.6943 |
| S1 | 0.6928 |
| S2 | 0.6904 |
| S3 | 0.6889 |