FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD bears maintain upper hand 
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FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Crypto levels and bias summary 
Chart - Courtesy Trading View
AUD/USD is extending gains for the second straight session, bounces off daily cloud support.
Broad-based US dollar weakness seen ahead of Powell's speech and improvement in China Covid numbers backed optimism across markets.
On the data front, Australia’s Monthly Consumer Price Index (CPI) dropped below 7.4% market forecasts and 7.3% prior to 6.9%, justifying the Reserve Bank of Australia’s (RBA) latest dovish stance.
US Federal Reserve (Fed) Chairman Jerome Powell in his first speech since the November meeting, is likely to defend the central bank’s rate hike trajectory.
Friday's Nonfarm Payrolls (NFP) as well as the second readings of the US Gross Domestic Product (GDP) for the third quarter (Q3) will also be crucial for price movement.
Technical bias for the pair is bullish, major resistance lies at 200-DMA at 0.6925. Bullish invalidation likely below daily cloud.
