AUD/USD chart - Trading View
AUD/USD was trading 0.12% higher on the day at 0.7523 at around 07:45 GMT, outlook bullish.
The pair is grinding higher for the 4th straight session, erases early losses and edges higher from session lows at 0.7479.
The pair attracted some dip-buying at lows around 0.7479, amid rising bets for a rate hike move by the Reserve Bank of Australia (RBA).
Wednesday's release of RBA trimmed mean inflation for the third quarter, which indicated that consumer cost pressures are getting entrenched, stoked rate hike speculations.
AUD/USD is consolidating break above major trendline resistance. Momentum is bullish, MACD and ADX support gains.
Major Support Levels:
S1: 0.7496 (5-DMA)
S2: 0.7480 (Trendline)
S3: 0.7417 (21-EMA)
Major Resistance Levels:
R1: 0.7556 (200-DMA)
R2: 0.7575 (Upper BB)
R3: 0.76
Summary: AUD/USD poised for further gains. Test of 200-DMA at 0.7556 on cards.


FxWirePro- Major Pair levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/USD dips lower on negative UK retail sales data
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 



