AUD/USD chart - Trading View
AUD/USD was trading 0.52% lower on the day at 0.7452 at around 10:20 GMT, bias bearish.
The pair failed to build onto Friday's gains and is set to resume weakness, extending bearish bias for the 3rd straight week.
Fed Chair Jerome Powell's semi-annual congressional testimony on Wednesday and Thursday will be looked upon for clues about the Federal Reserve's policy outlook.
Thursday's release of Australia's monthly employment data will also be watched to determine the pair's next directional move.
Technical bias is bearish. RSI nicely converges with downside price action. The pair is below cloud, and major moving averages.
On the weekly charts, 55-EMA is offering strong support at 0.7452, break below will drag the pair lower.
Price action is hovering around 23.6% Fib, next support for bears lies at 110-week EMA at 0.7305.


GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
FxWirePro: USD/JPY nears 160 as intervention risk intensifies
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD falls to two-day low, scope for further downside
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices 



