AUD/USD chart - Trading View
AUD/USD trades in an extremely narrow range, hovers around 5-DMA at 0.6978.
The major fails to benefit from increased odds of Fed rate cut bets and positive risk sentiment.
Bulls exhausted at 55-EMA resistance. Stochs are at overbought levels and poised for a rollover.
Stochastics RSI has also approached overbought zone and has turned lower.
Major trend is bearish and volatility is shrinking. Scope for downside resumption.
21-EMA is immediate support at 0.6956. Break below will see weakness till 0.6825 (trendline).
Breakout at 55-EMA will see some upside. Next major hurdle lies at 38.2% Fib at 0.7029.
Focus on NFP (due 12:30 GMT). An above-forecast wage growth number will likely put a strong bid under the greenback, supporting downside in the pair.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro- Major European Indices
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 



