FxWirePro: Aussie recovers from low of 0.7325, good to sell on rallies

• RES 4: 0.7500
  
  
• RES 3: 0.7495 (Jul 13^th high)
  
  
• RES 2: 0.7436 (Jul 16^th high)
  
  
• RES 1: 0.7390 ( 20 day 4 H EMA)

      PRICE: 0.73705 @ 10:33 GMT 

• SUP 1: 0.7370 (Jul 8^th low)

• SUP 2: 0.7326

• SUP 3: 0.7297 (161.8% retracement of 0.7371 and 0.74906)
  
  
• SUP 4: 0.7283 (161.8% retracement of 0.73256 and 0.7396)

Commentary:

AUD/USD has made a low of 0.7325 in the Asian session and recovered from that level till 0.73950. Overall trend is weak as long as resistance 0.7435 holds

On the higher side minor resistance is around 0.7400 and break below will target 0.7435/0.7480.

Overall bearish invalidation only if it closes above 0.7500.

It is good to sell on rallies around 0.7400 with SL around 0.7440 for the TP of 0.7340/0.7320