AUD/USD Technical Analysis: Riding high into 0.7250, but overextension a risk
The last twenty-four hours sees the AUD/USD taking a run at 0.7250 but the level remains unclaimed heading into Friday's busy EU and US market sessions.
AUD/USD M5
Hourly candles have the Aussie breaking through all near-term resistance levels, and the AUD/USD finds itself in no man's land and completely overextended at hourly indicators run out of room to run.
AUD/USD H1
On 4-Hour candles the AUD/USD has blown past the 200-period moving average and the next meaningful resistance level remains at the 0.7300 handle.
AUD/USD H4
AUD/USD
Overview:
Last Price: 0.7239
Daily change: 33 pips
Daily change: 0.458%
Daily Open: 0.7206
Trends:
Daily SMA20: 0.7098
Daily SMA50: 0.7168
Daily SMA100: 0.7274
Daily SMA200: 0.7495
Levels:
Daily High: 0.7214
Daily Low: 0.7072
Weekly High: 0.7128
Weekly Low: 0.702
Monthly High: 0.724
Monthly Low: 0.702
Daily Fibonacci 38.2%: 0.716
Daily Fibonacci 61.8%: 0.7126
Daily Pivot Point S1: 0.7114
Daily Pivot Point S2: 0.7022
Daily Pivot Point S3: 0.6972
Daily Pivot Point R1: 0.7256
Daily Pivot Point R2: 0.7306
Daily Pivot Point R3: 0.7397