AUD USD

AUDUSD Currency pair flag

Latest AUD USD Analysis and Forecast

Intermediate-term bear shift below key .7281

Day trade update and view

A Thursday sell off through key .7281 swing support to signal an intermediate-term bear shift to a bear trend, building on the September down move aa prior acceleration below the up trend line from mid-August, (having stalled from just below the intermediate-term down trend line from May), keeping risks lower for Friday.

Day trade setup

  • We see a downside bias for .7270 and .7237; a break here maybe aims for .7218.
  • But above .7347 opens risk up to .7376 and possibly .7410.

Intermediate-term outlook

The push below key .7281 support signalled an intermediate-term shift to a bear trend.

  • Downside risks: We see an intermediate-term bear trend to aim for .7776 and then 7891.
  • What changes this? Above .7478 shifts the intermediate-term bear trend straight to an intermediate-term bull trend.

AUD USD Calendar

17/09/21 UK Retail Sales; EU CPI

View Full Calendar

Please join the AUD USD discussion

Your email address will not be published. Required fields are marked *

AUD USD Currency Converter

Other major currency pairs


BUY - rate is expected to increase, i.e. the first currency gains value against the second currency.
SELL - rate is expected to go down, i.e. the first currency is expected to lose value against the second currency.