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AUD/USD Technical Analysis: Mission Accomplished as bulls reach 0.7300 figure - Time for a pullback down?

  • AUD/USD is trading above its 50-day simple moving average and the 2018 bear trendline. 

AUD/USD daily chart

  • AUD/USD reached the 0.7300 figure and created a double top with the previous November high. 
  • 0.7300 become the level to beat if bulls want to continue the uptrend. 

 
AUD/USD 4-hour chart

  • Failure to break above 0.7300 can lead to a pullback down 0.7250

AUD/USD 30-minute chart

Additional key levels at a glance:

AUD/USD

Overview:
    Last Price: 0.7275
    Daily change: 35 pips
    Daily change: 0.483%
    Daily Open: 0.724
Trends:
    Daily SMA20: 0.7154
    Daily SMA50: 0.7162
    Daily SMA100: 0.7258
    Daily SMA200: 0.7459
Levels:
    Daily High: 0.7255
    Daily Low: 0.7188
    Weekly High: 0.7304
    Weekly Low: 0.7183
    Monthly High: 0.724
    Monthly Low: 0.702
    Daily Fibonacci 38.2%: 0.7229
    Daily Fibonacci 61.8%: 0.7213
    Daily Pivot Point S1: 0.72
    Daily Pivot Point S2: 0.716
    Daily Pivot Point S3: 0.7132
    Daily Pivot Point R1: 0.7267
    Daily Pivot Point R2: 0.7295
    Daily Pivot Point R3: 0.7335

 

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