23 Sep 2019
AUD/USD technical analysis: Aussie is under pressure below the 0.6800 handle
- AUD/USD is consolidating the recent losses in a quiet Monday.
- The level to beat for sellers is the 0.6760 price level.
AUD/USD daily chart
AUD/USD is trading in a downtrend below its main daily simple moving averages (SMAs) as the market is trading within Friday’s range.
AUD/USD 4-hour chart
The Aussie is consolidating the recent losses below the 0.6800 handle and the 200 SMA. A break below the 0.6760 support level can lead to a drop to the 0.6690 swing low.
AUD/USD 30-minute chart
AUD/USD is under pressure below the main SMAs. Resistances are seen at the 0.6800 and 0.6830 price levels.
Additional key levels