The AUDUSD continues to exhibit a bullish bias after climbing to its highest level since early December 2024. Buyers have kept the pair supported above the key swing area between 0.6429 and 0.6444 as well as the 100-hour moving average, currently near 0.6430.
That swing area, which previously acted as strong resistance (see green numbered circles), has now flipped to support. Price action above this zone reflects a positive shift in sentiment. Just above, the pair has been fluctuating around the 200-day moving average at 0.6461, suggesting some buyer hesitation. Still, the recent move back above this level leans the bias more firmly in favor of buyers.
Holding above both the 200-day MA and the swing area keeps the bullish structure intact. A break above the recent high near 0.6493 would clear the path for a push toward additional resistance levels from late 2024.
On the downside, a move back below the 200-day MA, followed by a drop through 0.6429–0.6444, would weaken the bullish outlook and likely invite further selling pressure.
Resistance Targets:
0.6461 – 200-day moving average (currently being broken)
0.6493 – High from yesterday / highest level since Dec 2024
0.6500+ – Opens the door even further above the natural resistance
Support Targets:
0.6444–0.6429 – Key swing area (now acting as support)
0.6430 – 100-hour moving average
Below 0.6429 – Bias shifts bearish; opens risk toward broader downside levels
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about audusd holds support above 100 hour ma as bulls eye december highs was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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