Australia is has released NAB Business Confidence and later today the US will publish Core PPI MoM and Fed Bullard Speech.
The support rests at 0.76190 with resistance at 0.76410 which both lines are below the weekly pivot point at 0.76610. The EMA of 10 is moving with bearish bias along the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the MACD indicator is in negative territory and the Stochastic is showing upward. The ADX is showing weak sell signals. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing a horizontal trend.
The support level breakthrough will smooth the way for further decline towards 0.75.

audusd analysis