- RES 4: 0.7450 (Jul 21st high)
- RES 3: 0.74275 (Aug 4th high)
- RES 2: 0.7410 (200 day 4HMA)
- RES 1: 0.7347 (20 day 4 HMA)
PRICE: 0.73375 @11:52 GMT
- SUP 1: 0.7315 (Aug 6th low)
- SUP 2: 0.7250 (161.8% retracement of 0.73266 and 0.74484)
- SUP 3: 0.7193 (61.8% projection of 0.7848 to 0.73266 from 0.7448)
- SUP 4: 0.7180
AUD/USD has made a high of 0.7407 and declined from that level. Overall trend is still weak as long as resistance 0.7450 holds.
Technically Aussie has broken short term support 0.7350 which confirms short term weakness, a decline till 0.72500 cannot be ruled out.
On the higher minor resistance is around 0.7410 and break above targets 0.7445/0.7490.
Bearish invalidation only above 0.7450
It is good to sell on rallies around 0.7380 with SL around 0.7425 for the TP of 0.7250/0.7230


FxWirePro- Major Pair levels and bias summary
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD moves lower on weak UK data
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD dips lower on negative UK retail sales data 



