Chart - Courtesy Trading View
AUD/USD was trading 0.29% higher on the day at 0.6859 at around 10:15 GMT.
The pair is extending previous session's spike and has broken above 21-EMA resistance.
Stochs and RSI are biased higher and Stochs are showing a bullish rollover from oversold levels.
ADX supports upside and MACD is on verge of bullish rollover on signal line.
Price action has broken above 200H MA and GMMA indicator shows major and minor trend have turned bullish on the intraday charts.
Data Watch:
Australia employment data - Unemployment Rate is expected to remain stable at 3.4%. Employment Change is seen extremely higher at 50k against job cuts of 40.9k.
US Consumer Price Index - Headline CPI is seen at 8.1%, lower than the prior release of 8.5%. Core CPI is seen higher at 6% by 10 basis points (bps).
Support levels - 0.6857 (21-EMA), 0.6795 (200H MA)
Resistance levels - 0.6914 (55-EMA), 0.6991 (110-EMA)
Summary: AUD/USD poised for further upside. Close above 21-EMA will fuel further gains. Bulls eye 55-EMA at 0.6914.


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Pair levels and bias summary
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key 



