USD has been empowered by the Trump’s tax reform plan. Australia has published Unemployment Rate and Employment Change.
The support rests at 0.78310 with resistance at 0.78790 which the weekly pivot point at 0.78430 is located in between the lines. The EMA of 10 is moving with bullish bias along the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving on the 50 level, 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 the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
AUDUSD will grow towards 0.80.

audusd analysis