AUD is supported by retail sales for January and household spending.
The support rests in 0.76080 with resistance at 0.76280 which the weekly pivot point at 0.76860 is located in between the lines. The EMA of 10 is moving with bullish bias along the ascendant channel but it is located below the EMA of 100 and the EMA of 200. The RSI is rising towards the 50 level, the MACD indicator is in negative territory and the Stochastic is showing upward momentum. 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.
It is more likely for AUDUSD to rise targeting 0.7650 otherwise it will drop to 0.7550.

audusd analysis