In anticipation of the 12:30 GMT publication of the US Non-Farm Payrolls data, the Australian Dollar is down on Friday. Although the Federal Reserve has said that it would seek to wind down its bond-buying program shortly, the data will be carefully monitored by the Federal Reserve as it mulls whether to withdraw its emergency economic stimulus measures.
The support rests at 0.72890 with resistance at 0.73150 which the Pivot Point at 0.73070 is located above the price line. The EMA of 10 is moving in slight bullish bias and is going to cross the EMA of 200 and already crossed the EMA of 100. The RSI is going toward the oversold area, the MACD histogram is in positive territory. The Stochastic is moving horizontally toward the low ranges and the ADX is showing a horizontalu momentum.
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 reaching to the same point.

• There is resistance at 0.73150, followed by resistance at 0.73330 and 0.73410.
• There is support at 0.72890 Below, there is 0.72810 and 0.72630.

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.

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