Chart - Courtesy Trading View
Technical Outlook: Bias turning Bullish
- AUD/USD was trading 0.92% higher on the day at 0.7439 at around 10:00 GMT
- The pair is extending bounce off 50-DMA support, weakness only on break below
- Price action has broken above 5-DMA which was capping upside
- RSI has edged above the 50 mark and is biased higher, Stochs are at oversold levels with scope for bullish rollover
- 'Golden Cross' (bullish 50-DMA crossover on 200-DMA) cushions downside
Major Support Levels:
S1: 0.7393 (5-DMA)
S2: 0.7347 (50-DMA)
Major Resistance Levels:
R1: 0.7467 (20-DMA)
R2: 0.75
Summary: AUD/USD bias is turning bullish. Weakness only on break below 50-DMA. Scope for test of 0.75 level.


FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD gains some ground but bias is still bearish
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
GBPJPY Slips After Sterling Weakness, Bears Eye 216
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: GBP/AUD under pressure as pound continues to weaken 



