AUD/USD is facing trend line resistance around 0.7725, good to sell on rallies

• RES 4: 0.7820 (Jun 3^rd 2015)
  
  
• RES 3: 0.7760 (Jun 4^th high)

• RES 4: 0.7725 (Jun 5^th high)

• RES 2 :0.7682 (200 day HMA)

      PRICE: 0.7700 @ 11:47 GMT 

• SUP 1: 0.7650

• SUP 2:0.7590 (Jun 1^st low)

• SUP 3 : 0.7550 (Apr 2^nd low)

• SUP 4: 0.7500

Commentary:

Aussie is facing resistance around 0.7725 (trend line resistance) and any bullishness can be seen only above that level. Any break above that level would extend gains till 0.7815/0.7860. 

Indicator (1 hour)

 CCI (14) - Sell

CCI (50) - Buy

Ichimoku- Sell

It is good to sell around 0.7690 with SL around 0.7725 for the TP of 0.7590/0.7550.