Gross Domestic Product came lower than forecasted in Australia. The US will release ADP Non-Farm Employment Change, Factory Orders and Crude Oil Inventories.
The support rests at 0.73360 with resistance at 0.73960 which both lines are above the weekly pivot point at 0.72940. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is falling towards level 50, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is not showing any clear signals. The price is above the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The support level breakthrough will confirm the bearish trend towards 0.72900; otherwise, AUDUSD will continue its bullish trend.

audusd