MI Leading Index was released in Australia and RBA Assistant Governor Christopher Kent delivered a speech. The US will publish Retail Sales, PPI data and there will be FOMC Meeting Minutes.
The support rests at 0.77070 with resistance at 0.78030 which the weekly pivot point at 0.77280 is located in between the lines. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on level 50, the MACD line is in the negative territory and the Stochastic is moving in low rages. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The support level breakthrough may pave the way for further decline towards 0.76800; otherwise AUDUSD will be fluctuating above the support line.