Westpac Consumer Sentiment was released in Australia and Federal Reserve Chairman Jerome Powell will deliver his speech today.
The support rests at 0.76100 with resistance at 0.77090 which the weekly pivot point at 0.76280 is located in between the lines. The EMA of 10 is moving with bullish bias in the horizontal channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the MACD line is in the positive territory and the Stochastic is moving in high ranges. The ADX is showing buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing an upward trend.
Long positions are recommended towards 0.77500.
