Australia has released Construction Work Done QoQ and the US will publish New Home Sales, FOMC Minutes and EIA Crude Oil Stocks Change.
The support rests at 0.74810 with resistance at 0.76040 which the weekly pivot point at 0.75090 is located in between the lines. The EMA of 10 is moving with bearish bias in the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is rising towards the 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing sell signals. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing a horizontal trend.
AUDUSD is moving in a wide range; the support area seems to be too strong to be broken. Long positions are recommended towards 0.77.

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