AUD/USD chart - Trading View
AUD/USD plunges to 3-week lows below 0.77 handle, hovers above strong support at 0.7685.
Treasury yields soared as Powell tried to ignore bond bears at his speech overnight, pushing the dollar higher across the board.
AUD/USD is extending previous session's losses and was trading 0.29% lower on the day at 0.7698 at around 02:20 GMT after closing 0.68% lower in the previous session.
Italy’s blockage of the AstraZeneca vaccine for Australia also weighs on the pair. Italy termed Aussie “non-vulnerable” under new EU controls.
Upbeat prints of Australia Trade Balance and AiG Performance of Services Index couldn’t lift the AUD.
Reflation risks are likely to keep the AUD/USD depressed during pre-NFP trading lull. Headline Nonfarm Payrolls (NFP) are expected to rise to 182K while the Unemployment Rate is likely to remain unchanged at 6.3%.
AUD/USD risks further downside if price action breaches strong support at 0.7685 (nearly converged 55-EMA and cloud top). Focus of NFP data for impetus.


FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 



