AUDUSD

The Aussie is probing back above 0.7600 handle on Friday after dipping to 0.7585, supported by upbeat Australian trade data.
The pair is attempting to stabilize after steep pullback in past three days bottomed at 0.7577 and Thursday’s trading was shaped in long-legged Doji candle, signaling strong indecision.
Despite dips below strong 0.7600 support, the pair did not close below it in past two sessions, keeping in play hopes of ending corrective action from 0.7712 peak and reversal.
Scenario sees close above 0.7624 (Fibo 38.2% of 0.7712/0.7571 pullback / 10 SMA) as minimum requirement for reversal signal.
Bullish extension above 0.7658 (Fibo 61.8%) is needed to confirm.
Otherwise, downside is expected to remain at risk while the price continues to hover around 0.7600 pivot, with sustained break lower to signal fresh extension of bear-leg from 0.7712 and open a cluster of MA supports between 0.7551 and 0.7505 (100SMA / 200SMA / 55SMA, including 0.7535 higher base) with daily cloud top reinforcing support at 0.7505.

Res: 0.7624; 0.7641; 0.7658; 0.7682
Sup: 0.7585; 0.7571; 0.7551; 0.7535