- RES 4: 0.8000
- RES 3: 0.7935 (22nd May high
- RES 2: 0.7860 (200 day 4 HMA)
- RES 1 :0.7820 (7 day H EMA)
PRICE: 0.77701@ 12:20 GMT
- SUP 1: 0.7750 (7 day 4 H EMA)
- SUP 2:0.7708 (Kijun-Sen)
- SUP 3 : 0.7680 (20 day 4 HMA)
- SUP 4:0.7590 (Jun 1st Low)
Commentary:
AUD/USD has made a high of 0.7817 and is retreating from that level. Overall trend is bullish as long as support 0.7720 holds
On upside the minor resistance is around 0.7820 and break above would extend gains till 0.7860
Indicator (4 hour)
CCI (14) - Buy
CCI (50) - Buy
Ichimoku- Buy
It is good to buy at dips around 0.7750 for the target of 0.7815/0.7850 with stop around 0.7715.


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