The Australian dollar continues to rise against the US dollar. As we can see, long positions starting around 0.70900 are doing nicely. The initial aim should be a move towards 0.76830 in the direction of the trend. Because the AUD/USD is in such a strong uptrend, buying the dips is the most prudent strategy.
The price line has a pivot point below it at 0.75740, with support at 0.75640 and resistance at 0.75850. The EMAs of 200, 100 are moving upward, and the EMA of 10 crossed the EMA of 100 with an upward signal. The MACD starts its negative zone, with the signs indicating a down trend. The Stochastic and RSI indicators are moving toward low ranges and the ADX is not indicating a clear trend.
The price is above the Ichimoku Cloud and the Chinkou Span is far away the market price. The Tenkan-sen and the Kijun-sen are moving with uptrend.

• There is resistance at 0.75850, followed by resistance at 0.75950 and 0.76060.
• There is support at 0.75640 Below, there is 0.75530 and 0.75430.

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.