During the Tuesday trading session the pair grew by almost 100 points, broken the level of 0.7500. There is a possibility of the further growth. The AUD was supported by the Australia Home Loans indicator, as the USD was pressured by the lowering of the NY Empire State Manufacturing Index to 6.5 points.
Today the USA Consumer Price Index is worth traders’ attention. The MoM and YoY value is expected to grow, which can support the USD.
On the daily chart the pair is growing along the upper border of the Bollinger Bands® indicator. The price range is widen, which reflects the upward dynamics continuation. The MACD histogram is in the positive zone, its volumes are slightly growing, the signal line is reaching the zero line from below, and if it crosses it, the signal to open long positions will be received.
Support levels: 0.7535, 0.7450, 0.7370, 0.7280, 0.7200.
Resistance levels: 0.7600, 0.7650, 0.7760.