AUD/USD Technical Analysis: Aussie can be vulnerable below key 0.7075 resistance

AUD/USD daily chart

• AUD/USD is trading in a bear trend below its mains simple moving averages (SMAs). 
• AUD/USD is seen as bearish below 0.7075 resistance.

AUD/USD 4-hour chart

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

AUD/USD 30-minute chart

• AUD/USD has been trading sideways since the start of the week as the market is trading just above the flat 50 and 100 SMAs and above the 200 SMA. 
• If bears can break 0.7025 to the downside, the market can extend down to 0.6990 support. 
• However, in case bulls break 0.7075 and 0.7100 figure then the Aussie can see a run towards 0.7180 resistance.

Additional key levels