AUD/USD recovers from low of 0.7595, good to sell on rallies

• RES 3: 0.7760 (Jun 4^th high)

• RES 4: 0.7725 (Jun 5^th high)

• RES 2 :0.7687 (200 day HMA)

• RES 1 : 0.7660 (trend line resistance )

      PRICE: 0.7635 @ 12:00 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:

The minor resistance is around 0.7660 and any break above would extend gains till 0.7725.

Short term trend reversal only above 0.7725.

Indicator (4 hour)

 CCI (14) - Buy

CCI (50) - Sell

Ichimoku- Sell

It is good to sell around 0.7658 with SL around 0.7725 for the TP of 0.7555.