Australia is publishing Balance of Trade and Building Permits MoM and the US will release Initial Jobless Claims and Fed Dudley Speech.
The support rests at 0.76740 with resistance at 0.77460 which the weekly pivot point at 0.77110 is located in between the lines. The EMA of 10 is moving with bullish bias along the ascendant channel but it is below the EMA of 200 and the EMA of 100. The RSI is moving above the 50 level, the MACD indicator is in neutral territory and the Stochastic is moving in high ranges. The ADX is showing buy signals. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
Long positions are recommended towards 0.7750.

audusd analysis