AUD/USD breaks major resistance 0.7820, jump till 0.7935 is possible

• RES 4: 0.78025 (28^th Jan high)

• RES 3: 0.7938 (24^th Mar high)

• RES 2: 0.7880 (26^th Mar high)

• RES 1: 0.7840
  
  

      PRICE: 0.7838 @ 10:23 GMT 

• SUP 1: 0.7773 (Tenken-Sen)

• SUP 2: 0.773 (38.2% retracement of 0.75540 and 0.7841)

• SUP 3: 0.7699 (200 day 4HMA)

• SUP 4: 0.7650

AUD/USD has broken short term resistance around 0.7820 and jump till 0.7935 cannot be ruled out.

On the downside minor support is around 0.7765 and break below will drag the pair further down till 0.7730/0.7699.

Indicator (4 hour)

Woodies CCI (14) - Buy

CCI (50) - Sell

Ichimoku-Buy

It is good to buy around 0.7820 for the target of 0.7930 with stop around 0.7765.