Wednesday, November 11, 2026

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FxWirePro: USD boosted on improving risk scenario, AUD/USD pares some of the early gains

Antipodeans rebounded from the recent hammering, tracking the bounce witnessed in commodities on Tuesday Australian dollar clambered back up to $0.7223, having struck a 6-1/2-year trough of $0.7044 overnight Currently AU…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

  • Antipodeans rebounded from the recent hammering, tracking the bounce witnessed in commodities on Tuesday

  • Australian dollar clambered back up to $0.7223, having struck a 6-1/2-year trough of $0.7044 overnight

  • Currently AUD/USD is paring some of its solid early gains ahead of the European open as USD bulls fighting back lost footing 

  • At the time of writing AUD/USD is trading at 0.7189, after making a day's high at 0.7232 and lows at 0.7127

  • Immediate resistance for the pair is seen at 0.7230 ahead of 0.7285 (Aug 20-21 Lows)

  • Support is located at Monday's close of 0.7155, and then at 0.7044 (Session Low Aug 24)

Resistance Levels:

R1: 0.7230 

R2: 0.7285 (Aug 20-21 Lows)

R3: 0.7336 (21 DMA)

Support Levels:

S1: 0.7155 ( Monday's close)

S2: 0.7044 (Session Low Aug 24)

S3: 0.6990 (Daily Low Apr 28 2009)

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By FxWirePro Team