- RES 4: 0.78880
- RES 3: 0.7840 (Apr 17th high)
- RES 2: 0.7798 (61.8% retracement of 0.7840 and 0.7680)
- RES 1: 0.7740
PRICE: 0.7715 @ 9:23 GMT
- SUP 1: 0.7680
- SUP 2: 0.7660 (61.8% retracement of 0.755 and 0.7840)
- SUP 3: 0.7620 (Cloud Top)
- SUP 4: 0.7550 (Apr 14th low)
AUD/USD has retreated till 0.7685 after making a high of 0.7840. Overall trend is weak as long as 0.7800 holds.
On the downside minor support is around 0.7680 and break below will drag the pair further down till 0.7620/0.7550.
Indicator (4 hour)
Woodies CCI (14) - Sell
CCI (50) - Buy
Ichimoku-Sell
It is good to sell around 0.7750 for the targets of 0.7650/0.7580 with stop around 0.7800.


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