AUD/USD Technical Analysis: Bulls struggle to make it through 0.7125-30 supply zone/weekly tops ahead of NFP

   •  The pair showed some resilience below 200-hour SMA/0.7100 mark in the previous session and regained positive traction on the last trading day of the week.

   •  The intraday uptick lifted the pair back closer to the 0.7125-30 supply zone, or weekly tops, though bulls seemed non-committed ahead of the US monthly jobs report.

   •  Oscillators on hourly charts have been gaining positive traction and have also recovered from the negative territory on the daily chart, indicating short-term bullish bias.

   •  However, traders are likely to wait for a convincing break through the mentioned barrier before positioning for any further up-move towards reclaiming the 0.7200 mark.

AUD/USD 1-hourly chart