AUD/USD is above 0.7710 after opening the session around 0.7675

Move higher has been underpinned by buoyant equity markets in Asia

E-minis are over 0.5% higher while AXJ equity index in +1.28%

Mood boosted by US stimulus hopes ahead of Yellen's testimony today

Yellen is expected to ask the Senate Committee for a large fiscal package nL1N2JT1NC

Strong China growth data yesterday also contributing to risk on tone in Asia nL1N2JU02Z

AUD/USD resistance @ 10-day MA @ 0.7742 and break shifts pressure to upside

Support at 21-day MA @ 0.7680 and close below would add to downward pressure

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