AUDUSD Daily Outlook

The pair is consolidating bounce off 50-DMA support, holds break above 5-DMA
Technical analysis shows major trend is bullish, while minor trend is turning bullish on the daily charts.

Major Resistance Levels:

R1: 0.7464 (20-DMA)

R2: 0.7

Major Support Levels:

S1: 0.7427 (21-EMA)

S2: 0.7400 (5-DMA)