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- RES 4: 0.7860
- RES 3 : 0.7820 (Jun 3rd high)
- RES 2: 0.7795 (Jun 22nd 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 12th low)
- SUP 3 : 0.7640 (Jun 17th low)
- SUP 4: 0.7590 (Jun 6th 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.
