AUD/USD Looking Strong On Charts !

SUMMARY:- 

The AUD/USD is in down trend, but now prices are not sustaining at lower levels & consolidating with a positive  bias.  If the pair sustains above 0.7950  levels, it can  come up to the levels of 0.7980/0.8000. Prices are also taking the support from 30 SMA & come up to test  200 SMA, supporting the upside movement in the pair. RSI is also sustaining in buying territory, indicating the positive side movement in the market.

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AUD/USD ( HOURLY )

 

STRATEGY:- 

For Today AUD/USD is looking strong on chart. We can expect positive side movement for few upcoming session. One can go for buy on dips strategy for this pair for intra day to mid term positions.



PIVOT POINTS:-

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.0926	1.1012	1.1125	1.1211	1.1324	1.1410	1.1523
GBP/USD	1.4869	1.4921	1.5000	1.5052	1.5131	1.5183	1.5262
USD/JPY	116.37	116.81	117.63	118.07	118.89	119.33	120.15
USD/CHF	0.8566	0.8664	0.8847	0.8945	0.9128	0.9226	0.9409
AUD/USD	0.7788	0.7819	0.7872	0.7903	0.7956	0.7987	0.8040
EUR/GBP	0.7294	0.7348	0.7400	0.7454	0.7506	0.7560	0.7612
USD/CAD	1.2328	1.2364	1.2420	1.2456	1.2512	1.2548	1.2604
NZD/USD	0.7314	0.7354	0.7390	0.7430	0.7466	0.7506	0.7542

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