AUDUSD on Monday dropped -0.2% to 0.65552. Pair in consolidation. Winners and losers.

AUDUSD Analysis

Performance after Monday
Period	Pct	Chg	Momentum
Monday	-0.2%	-13.4 Pips
Week to-date	-0.11%	-7.2 Pips
July	-1.78%	-119 Pips

Upcoming key events (London Time)

Tue 02:30 AM AUD Retail Trade Turnover (seasonally adjusted) (1-mth)
Wed 02:30 AM AUD CPI Inflation Rate (3-mth)
Wed 02:30 AM AUD Monthly CPI Indicator (12-mth)
Wed 07:00 PM USD Fed Interest Rate Decision (Federal Funds Rate)

What happened lately

No major activities.

Latest from X (Twitter)

Tweets by Australian Bureau of Statistics

What can we expect from AUDUSD today?

AUDUSD on Monday dropped -0.2% to 0.65552. Price is below 9-Day EMA while Stochastic is rising.

Updated daily direction for AUDUSD looks mixed as the pair is likely to consolidate above 0.65299 (S1).

Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 0.65682 or trades above daily pivot 0.6549. Break above could target R1 at 0.65744. While to the downside, we are looking at 0.65299 (S1) and daily low of 0.65237 as support levels. AUDUSD need to break on either side to indicate a short-term bias. A close below 0.65237 would indicate selling pressure.

For the week to-date, take note that AUDUSD is mixed as compared to the prior week.

Key levels to watch out:

#AUDUSD Trending on Twitter

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