Last but not least, them lot downunder
#5 AUDUSD
Staying up late?
AUDUSD 30m chart
All the good work overnight has made the pair look a little tired now.
- 0.7200 is support, as we're seeing now.0.7180/85, 0.7160, 0.7150 (100dma) and 0.7130 is more before testing 0.7100/10 (55dma at 0.7109)
- Minor resistance is now at 0.7230 and then the day's highs. On the H4 chart those highs extend to 0.7260 and we now have five points (4th, 22nd, 23rd, 26th Feb, today) that have marked the top. You can throw the 200 dma at 0.7259 in the mixer too. 0.7270/80 is another resistance level to note ahead of 0.7300
Most of the levels I've highlighted in these posts are mainly what I'm seeing intraday or close by, so treat them as such unless we get some data or headlines to throw prices about