AUD / USD
The Australian dollar was up 36 points, or 0.47%, against the US dollar on Thursday. The AUD / USD currency pair during the trading session on Thursday tested the resistance level of 0.7765.
If the exchange rate breaks the resistance level of 0.7765, today we can expect a jump to the weekly resistance line of 0.7791.
However, if the 0.7765 resistance line holds, bearish traders are likely to pressure the exchange rate lower towards the weekly S1 at 0.7664 during the next trading session.