Westpac Consumer Sentiment was released in Australia and RBA Governor Philip Lowe delivered a speech.
The support rests at 0.76460 with resistance at 0.77580 which the weekly pivot point at 0.77140 is located in between the lines. The EMA of 10 is moving horizontally in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is rising towards level 50, the MACD line is in the positive territory and the Stochastic is showing downward momentum. The ADX is showing sell signal. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
As long as the bearish pressure remains, sellers can expect 0.76000.