Aussie breaks short term trend line resistance around 0.7380, targets 0.7490

• RES 4 : 0.7495 ( Jul 10^th high)
  
  
• RES 3: 0.7450 (Jul 21^st high)
  
  
• RES 2: 0.74275 (Aug 4^th high)
  
  
• RES 1: 0.7380 (trend line joining 0.8163 and 0.7848))

      PRICE: 0.73841 11:43 GMT 

• SUP 1: 0.7250 (161.8% retracement of 0.73266 and 0.74484)

• SUP2: 0.7193 (61.8% projection of 0.7848 to 0.73266 from 0.7448)
  
  
• SUP 4: 0.7158 (100%  projection of 0.7256 and 0.7488 from 0.73499)
  
  
• SUP 4 : 0.7100

Aussie has broken short term trend line resistance 0.7380 and this confirms short term bullishness, a jump till 0.7490 cannot be ruled out

On the higher side any break above 0.7435 would extend gains till 0.7475/0.7500 in short term.

Overall bearish invalidation only above 0.7500 level.

The pair's short term support is around 0.7325 and indicative break below will target 0.7280/0.7250/0.7230.

It is good to buy at dips around 0.7375 with SL around 0.7340 for the TP of 0.7445/0.7490