The pair is trading above 0.7575 and 0.7600. The pair will be supported by the chronic weakness of the US dollar amid the Fed's monetary policy, strong demand stocks and expectations of a new stimulus package from the Congress.
Technical side:
The price is above the upper Bollinger band, below SMA 5 and above SMA 14. RSI is above the 50% level and is turning up. Stoch are still declining, but the trend is already weaker.
AUDUSD rate online: monitor the price movement in real time.
Trading recommendations:
The pair will resume growth to the level of 0.7670.