AUDUSD analysis for 21.04.2017

There are no important economic reports in Australia therefore AUDUSD is chiefly under the influence of the American economic reports. The support rests at 0.75080 with resistance at 0.75420 which both lines are below the weekly pivot point at 0.75480. The EMA of 10 is moving with bullish bias and it is located below the EMA of 100 and the EMA of 200. The RSI is moving on the 50 level, the MACD indicator is in neutral territory and the Stochastic is showing upward momentum. The ADX is showing buy signals. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend. AUDUSD is climbing up the ascendant channel targeting 0.76. https://fxglory.com/audusd-analysis-for-21-04-2017/