AUD/USD Weekly Candlesticks & Ichimoku Chart

AUD/USD is probing above the weekly Ichimoku cloud. A close above would be a first since early 2018 and could mean the start of an uptrend that may test 0.8000 eventually. With the economic recovery in China gathering pace, and infrastructure building projects bound to be implemented by China, US and various other governments around the world to support the economy, AUD may soon resume its trend higher.