{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/aud-usd-market-activity-ranges-in-0-7400-and-0-7300\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/aud-usd-market-activity-ranges-in-0-7400-and-0-7300\/","headline":"AUD\/USD Market Activity Ranges in 0.7400 and 0.7300","name":"AUD\/USD Market Activity Ranges in 0.7400 and 0.7300","description":"AUD\/USD Prediction \u2013 August 16It observes that the AUD\/USD market activity ranges in 0.7400 and 0.7300 levels. The market now trades at a percentage rate of 0.38%. The currency pair\u2019s trading zone is at a lower downside.AUD\/USD MarketKey Levels:Resistance levels: 0.7400, 0.7500, 0.7600Support levels: 0.7300, 0.7200, 0.7100AUD\/USD \u2013 Daily ChartIt is revealed on the AUD\/USD […]","datePublished":"2021-08-16","dateModified":"2021-08-16","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/08\/AUDUSDCHARTAUG21.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/08\/AUDUSDCHARTAUG21.png","height":524,"width":882},"url":"https:\/\/forexschoolonline.com\/aud-usd-market-activity-ranges-in-0-7400-and-0-7300\/","about":["AUD\/USD","FX Technical Analysis"],"wordCount":432,"keywords":["AUD\/USD","Technical Analysis"],"articleBody":"AUD\/USD Prediction \u2013 August 16It observes that the AUD\/USD market activity ranges in 0.7400 and 0.7300 levels. The market now trades at a percentage rate of 0.38%. The currency pair\u2019s trading zone is at a lower downside.AUD\/USD MarketKey Levels:Resistance levels: 0.7400, 0.7500, 0.7600Support levels: 0.7300, 0.7200, 0.7100AUD\/USD \u2013 Daily ChartIt is revealed on the AUD\/USD daily chart that the currency pair market activity ranges in 0.7400 and 0.7300 levels. The 50-day SMA trend-line is above the 14-day SMA trend-line. The bearish channel trend lines still feature the downside of the SMA indicators. The Stochastic Oscillators have closed the lines at range 80, suggesting that there may soon be more downward movements in the market.As the AUD\/USD market activity ranges in 0.7400 and 0.7300 presently, will there be a volatile movement soon?It appears necessary that traders set to be on the lookout for the next occurrence of price volatility in the AUD\/USD trading operation as the market activity ranges in 0.7400 and 0.7300. In the event of that assumption coming to play out, the price may continue to push around those points earlier mentioned until a while. Bulls are to watch out for when the downward pressure tends to get exhausted at a lower support trading zone before considering joining the trade.On the downside, bears needed to be on the lookout for price strong resistance movement that may occur around the mid-point of 0.7400 and 0.7300 to observe a shorting order of the currency pair\u2019s operations. The higher value appears to be the main resistance line that shouldn\u2019t be allowed to breach northward by bears\u2019 presence in the market. Otherwise, a breakout at that point may allow a change in the current direction to favor the upsides.Summarily, as of writing, the AUD\/USD currency pair trades in well-defined range-bound zones. Despite that range trading situation, bears are most likely to continue to push prices southward further out of the ranging zones afterward.AUD\/USD 4-hour ChartThe upper bearish channel trend-line showcases the path that the AUD\/USD\u2019s price maintains as the market activity ranges in 0.7400 and 0.7300 levels. The 50-day SMA indicator is over the 14-day SMA indicator, slightly pointing southward to denote the probability of getting more downs in the market. The Stochastic Oscillators have crossed southbound closely to the range 20. And, they still point to the south to suggest that some degrees of falling forces will feature in the near time.Note: Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results."}