AUD/USD chart - Trading View
AUD/USD was trading 0.25% higher on the day at 0.6960 at around 04:55 GMT, bias is bullish.
Upbeat second-tier data out of Australia and risk-on market sentiment keep the pair supported.
Australia’s TD Securities Inflation for June flashed upbeat figures with the YoY statistics crossing 0.1% prior to 0.7%. The MoM print reversed the previous -1.2% contraction with +0.6% figures.
Further, the ANZ Job Advertisements also surged in May, gaining a whopping 42% versus 0.5% prior on MoM.
Technical bias for the pair is bullish. Scope for gains till upper weekly Bollinger band at 0.7163.
Price action has broken strong resistance at 110W EMA at 0.6933. Decisive break above will see upside continuation.
On the flipside, 21-EMA is strong support at 0.6875. Minor weakness on break below. Major weakness only on breach below 200-DMA.
Major Support - 0.6875 (21-EMA)
Major Resistance - 0.7163 (Upper W BB)


FxWirePro: AUD/USD retreats slightly but trend is still bullish
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro -Major European Indices
FxWirePro- Major European Indices
FxWirePro: USD/ZAR edges lower ,investors remain on edge
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: GBP/AUD gains some upside momentum but still bearish 



