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: USD/CNY edges higher but bulls lack punch
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: USD/CAD edges lower but bullish outlook persists
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro- Major Pair levels and bias summary
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro- Woodies pivot (Major)
Crypto Bias Report: Trend Signals and Top Bullish Picks 



