May 17

AUD/USD Technical Analysis - 13/April

By Praful Patat     05:00 GMT

AUDUSD broke up trend line on 1 hour chart and back test trend line at 61.8% of 1.0582 to 1.0388 and going down side toward extension at 1.0337, 1.0271. Break of 1.0388 support further going down side toward 1.0248-1.0038 area in bigger range.  In AUDUSD strong support is at 1.0430, break of this support next target will be 1.0336 also channel trend line pass there.  AUDUSD backed from Fib No. 61.8% at 0.9810 from, extension 127.2% at 1.0447, 161.8% at 1.0695 still in progress.   

New High: 1.0480, 1.0547, 1.0503.

New Low:  1.0346, 1.0413, 1.0369.

Pivot Point: R3-1.0583, R2-1.0531, R1-1.0500, PP-1.0449, S1-1.0398, S2-1.0366, S3-1.0315.

AUD/USD Daily Chart for  13 April

 

AUD/USD Daily Forex Chart 13/April

 

 

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