AUDUSD is chiefly under the influence of Westpac Consumer Confidence Index in Australia and Fed Yellen Testimony Before Congress in the US.
The support rests at 0.76390 with resistance at 0.76610 which both lines are above the weekly pivot point at 0.76220. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the MACD indicator is in positive territory and the Stochastic is moving in high ranges. The ADX is showing buy signals. The price is above the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing an upward trend.
Due to the signals presented by the indicators, buyers can target 0.7675.

audusd analysis