AUD/USD chart - Trading View
AUD/USD was extending range trade for 5th straight session, bias turning bearish on the intraday charts.
Australia’s Consumer Inflation Expectations for November beat forecasts to print at 3.5%, forecast 3.2% versus 3.4% prior. Aussie largely unimpressed.
Focus now on the US Consumer Price Index (CPI) and Weekly Jobless Claims due later in the U.S. session for impetus.
The pair has formed back-to-back dojis on the daily charts suggesting shows inability of bulls to drive prices higher.
RSI has turned flat on the daily charts. Further, a bearish RSI divergence on the hourly charts raises scope for some weakness.
The pair finds strong support at daily cloud at 0.7209. Break below cloud will see downside resumption.
Support levels - 0.7239 (200W MA), 0.7185 (21-EMA), 0.7147 (20-DMA)
Resistance levels - 0.7279 (55H MA), 0.73, 0.7333 (Upper BB)
Summary: Bulls struggling to take the pair higher. Price is extending sideways above daily cloud. Retrace below cloud will negate any bullish bias.


FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Major European Indices
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro- Major Pair levels and bias summary
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone 



