AUD/USD struggles to close above 0.7800, decline till 0.7640 is possible

• RES 4: 0.7860
  
  
• RES 3 : 0.7820 (Jun 3^rd high)
  
  
• RES 2: 0.7795 (Jun 22^nd high)
  
  
• RES 1 : 0.7745 (200 day HMA)

      PRICE: 0.7739 @ 11:02  GMT 

• SUP 1 :0.7720 (Kijun -Sen)
  
  
• SUP 2 :0.7670 (Jun 12^th low)

• SUP 3 : 0.7640 (Jun 17^th low)

• SUP 4: 0.7590 (Jun 6^th low)

Commentary:

AUD/USD has recovered till 0.7769 after making a low of 0.7678. Intraday trend is bearish as long as resistance 0.7800 holds.

On the higher side any break above 0.7800 will target 0.7820/0.7860 in short term.

It is good to sell on rallies around 0.7760 with SL around 0.7800 for the TP of 0.7670/0.7640.