The AUDUSD is consolidating in up-and-down trading. On the downside, a swing level of 0.6786 followed by the 38.2% retracement of the move up from the July 6 low at 0.67814, is providing the support (see red number circles and the retracement level).
On the topside, the rising 100-hour moving average at 0.68305 (blue line in the chart below) and a short-term swing area near 0.6837 is resistance. The current price trades at 0.6823.
Traders will be looking for a break of either extreme to give the next clues. Right now, the short-term bias is more neutral between the levels.
AUDUSD trades between technical levels. Looking for a break
