Private Capital Expenditure data has been released in Australia and the US will publish GDP, Unemployment Claims and Pending Home Sales.
The support rests at 0.65320 with resistance at 0.65770 which both lines are below the weekly pivot point at 0.66490. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is rising towards 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 not showing any clear signals. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The resistance level breakout will push the price up towards 0.66290; otherwise AUDUSD will continue its bearish trend.
