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- RES 4: 0.7930 (May 22nd high)
- RES 3: 0.7850 (200 day 4 HMA)
- RES 2: 0.7820 (Jun 3rd 2015)
- RES 1: 0.7780
PRICE: 0.77330 @ 11:16 GMT
- SUP 1: 0.7708 (7 day 4 H EMA)
- SUP 2:0.7680 (55 day 4 H EMA)
- SUP 3 : 0.7630
- SUP 4: 0.7590 (Jun 5th low)
Commentary:
Aussie has broken resistance 0.7725 (trend line resistance) and went up till 0.7780.
Overall trend is weak as long as resistance 0.7820 holds.
Indicator (4 hour)
CCI (14) - Buy
CCI (50) -Buy
Ichimoku- Buy
It is good to sell around 0.7780 with SL around 0.7860 for the TP of 0.7635.
