AUD/USD Technical Analysis: 0.7100 remains a question mark

• The past twenty-four hours see the Aussie looking for a recovery after slipping into a new 2018 low last Friday of 0.7020, but the pair still remains constrained by last week's ending peak at the 0.7100 handle.

AUD/USD, M5

• The last two weeks shows the AUD/USD struggling to fight back from a new yearly low, and last week's pickup to close out the action last Friday shows signs of overextension, and a failure to reclaim the 0.7100 handle in a meaningful will have the pair back under a declining trendline.

AUD/USD, M30

• The past month still shows the Aussie off of its last major swing high near 0.7150, and bears could step in soon as broader markets resume being driven by flows into and out of the US Dollar.

AUD/USD, H4