Australia is publishing Westpac Consumer Confidence Change and Index and later the US will release FOMC Minutes.
The support rests in 0.77610 with resistance at 0.78130 which the weekly pivot point at 0.77940 is located in between the lines. The EMA of 10 is moving with bearish bias along the descendant channel and it is located below the EMA of 100 and the EMA of 200. The RSI is moving on the 50 level, the MACD indicator is in negative territory and the Stochastic is showing downward momentum. The ADX is showing buy signals. The price is below the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing a horizontal trend while the Kijun-sen is showing a downward trend.
Short positions are recommended towards 0.770.

audusd analysis