- Analytics
- Market analysis
- Technical Analysis
- AUD/USD remains slightly above the MA 200 H1
AUD/USD remains slightly above the MA 200 H1
Yesterday, the AUD/USD pair traded multidirectionally in a wide range of 0.6205-0.6300 and closed the day around 0.6245. Today, the pair started trading mainly with growth and rose to the level of 0.6270. On the hourly chart, AUD/USD rose slightly above the moving average line of MA (200) H1 (0.6225), but on the four-hour chart it remains well below MA (200) H4 (0.6340). Based on the above, it is probably worth sticking to the southern direction in trading and until the pair gains a foothold above MA (200) H1, if necessary, it is worth looking for entry points to sell to form a correction.
Resistance levels are at: 0.6300, 0.6340, 0.6385
Support levels are at: 0.6225, 0.6180, 0.6100
The main scenario for the pair's advance assumes a breakout of the support of MA (200) H1 (0.6225) and there may be a decline to 0.6180 (Dec 31 low)
An alternative scenario for the pair's advance implies an increase to 0.6300 (Jan 6 high) and then, perhaps, to 0.6340 (Dec 18 high)
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
