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AUD/USD is trading below 200 day 4HMA,decline 0.7600 is possible

Monday, March 30, 2015 4:02 AM UTC

RES 4: 0.7938
RES 3: 0.7875
RES 2: 0.7830
RES 1: 0.7790 (Tenken-Sen)

PRICE: 0.7730 @ 0.3:43GMT

SUP 1: 0.7740
SUP 2: 0.7690
SUP 3: 0.7640
SUP 4: 0.7600

Weekly trend -Bearish

AUD/USD has formed Shooting star pattern in weekly chart and closed near week's low.Overall trend is weak and decline till 0.7600 cannot be ruled out.

It is good to sell on rallies around 0.7800 with stop around 0.7900 for the target of 0.7600

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AUD/USD is trading below 200 day 4HMA,decline 0.7600 is possible

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