AUD/USD struggles to close above psychological resistance 0.7500, new lows likely

• RES 4 : 0.7532 (Jul 6^th high)
  
  
• RES 3: 0.7500
  
  
• RES 2 : 0.7480 (Kijun-Sen)
  
  
• RES 1: 0.7435(7 day 4H EMA)

      PRICE: 0.7439@ 11:12 GMT 

• SUP 2: 0.7370 (Jul 8^th low)

• SUP 3: 0.7326

• SUP 4: 0.7297 (161.8% retracement of 0.7371 and 0.74906)

• SUP 4 : 0.7250

Commentary:

AUD/USD has made a low of 0.75981 and is currently trading around 0.7603. Overall trend is weak as long as resistance 0.7670 holds

On the higher side any break above 0.7640 will target 0.7670/0.7745in short term.

It is good to sell on rallies around 0.7640 with SL around 0.7680 for the TP of 0.7590/0.7530