• The AUD/USD inched higher in the US session, as commodity currencies strengthened across the board after oil prices rose sharply towards $46 per barrel.
   
• The pair hit high at 0.7691, after finding buying interest around 0.7657 levels before retreating slightly towards 0.7684 levels in the early US session.
   
• Currently, the currency pair is trading at 0.7681 levels, it is set to advance future towards 0.7700 and  0.7750 levels in the short term.
   
• To the upside, the strong resistance can be seen at 0.7758, a break above this level would take the pair towards next resistance level at 0.7800.
   
• To the downside immediate support can be seen at 0.7676, a break below this level will open the door towards next level at 0.7627.​
  
  Resistance Levels
  
  R1: 0.7735 (23.6% Retracement level)
  
  R2: 0.7758 (Aug 10th high)
  
  R3: 0.7800 (Psychological levels)​
  
  Support Levels
  
  S1: 0.7676 (38.2% Retracement level)
  
  S2: 0.7627 (50% Retracement level)
  
  S3: 0.7580 (61.8% Retracement level)