There have been no important economic reports to influence AUDUSD however RBA minutes on Tuesday will effect this pair.
The support rests in 0.76930 with resistance at 0.77550 which both lines are above the weekly pivot point at 0.76510. The EMA of 10 is moving with bullish bias along the ascendant channel and it is located 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 showing upward momentum. The ADX is showing buy signals. 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 targeting 0.776.

audusd analysis