AUD/USD rises 0.34% after US retail sales miss
The Australian Dollar advanced on Friday following a disappointing US retail sales report.
The AUD/USD trades at 0.7083, with bulls targeting 0.7100 as a key resistance level.
The daily chart shows a bullish trend, with the Relative Strength Index indicating a shift in momentum since mid-July.
Support levels include the 100-day Simple Moving Average at 0.7058 and the 50-day SMA at 0.6991.