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AUD/USD is trading below 4HM,decline till 0.7600 cannot be ruled out

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 wee…

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  • 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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