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AUD/USD testing the upside through 0.8820

FXStreet (Guatemala) - AUD/USD is trading at 0.8826, up 0.10% on the day, having posted a daily high at 0.8830 and low at 0.8802.

AUD/USD is up to the top of the channel on the short-term chart, testing the 0.8820 resistance and sentiment remains with looser greenback theme. The calendar ahead is quiet in respect of Australian data although mainland China is back online and we will see the HSBC September services PMI from them. The main event for the pair comes in the forms of the FOMC minutes tonight and then the employment report from Australia will be key.

AUD/USD noteworthy levels

Current price is 0.8826, with resistance ahead at 0.8830, 0.8868 (Daily Classic R2), 0.8896 (Daily 20 SMA) and 0.8901 (Weekly Classic R2). Next support to the downside can be found at 0.8818, 0.8802 and 0.8796 (Hourly 20 EMA).

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