AUD/USD chart - Trading View
AUD/USD was trading marginally higher on the day at 0.7752 at the time of writing. Upbeat Q1 growth data fueled gains in the pair.
Data released earlier on Tuesday showed Australia’s Q1 GDP crossed downbeat forecasts of 1.5% QoQ and 0.6% YoY with 1.8% and 1.1% respectively.
RBA optimism, hopes of strong economic growth backed by heavy stimulus and receding coronavirus (COVID-19) cases add to the AUD/USD strength.
AUD/USD trades with a neutral bias. GMMA indicator is flat on the daily charts. The pair is extending sideways grind along 55-EMA support.
Upside remains capped at cloud top. Decisive break above required for upside continuation.
On the downside, the pair finds strong support at cloud base. Breach below cloud will see test of trendline support at 0.7695 ahead of 38.2% Fib at 0.7619.


BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
FxWirePro- Major Crypto levels and bias summary
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary 



