AUD/USD Technical Analysis: Aussie bulls keep the market above 0.7100 figure

AUD/USD daily chart

• AUD/USD is trading in a bear trend below its 200-day simple moving averages (SMA). 

AUD/USD 4-hour chart

• AUD/USD is trading above its main SMAs suggesting a bullish bias in the medium-term.

AUD/USD 30-minute chart

• AUD/USD is trading above its mains SMAs suggesting a bullish bias in the short-term.
• However, 0.7135 remains the key level to beat for AUD/USD bulls. A break above the resistance can see an extension to 0.7150 level.
• Supports are located at 0.7105 and 0.7090 level.

Additional key levels