AUD/USD chart - Trading View
AUD/USD was trading 0.12% weaker on the day at 0.7652 at around 05:50 GMT.
The pair has stalled upside at 20-DMA resistance, decisive break above will fuel further gains.
Focus remains on FOMC minutes for any hints on the Fed’s take on the inflation outlook and the forward guidance.
Investors re-price Fed rate hike expectations, triggered by the recent series of encouraging US macro data.
US trade balance and the dynamics in US Treasury yields will also impact price action. A pause in the US dollar sell-off amid stabilizing Treasury yields seems to cap upside.
Support levels - 0.7637 (5-DMA), 0.7580 (110-EMA), 0.7528 (Lower BB)
Resistance levels - 0.7674 (converged 20-DMA and 55-EMA), 0.7695 (110-month EMA), 0.77
Summary: AUD/USD comatose below 20-DMA. Technical indicators do not provide a clear directional bias. Price action remains sandwiched between 55 and 110 EMAs. Break out will provide clear direction.


FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY hits 15-month low , scope for further downside
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary 



