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- RES 4: 0.7860
- RES 3 : 0.7820 (Jun 3rd high)
- RES 2: 0.7788 (200 day 4HMA)
- RES 1 : 0.7725 (20 day 4HMA)
PRICE: 0.7696 @ 09:28 GMT
- SUP 1 :0.7670 (Jun 12th low)
- SUP 3 : 0.7640 (Jun 17th low)
- SUP 4: 0.7590 (Jun 6th low)
- SUP 4: 0.7530 (Apr 2nd low)
Commentary:
AUD/USD has made a low of 0.7695 and is currently trading at 0.7705. Overall trend is weak as long as resistance 0.7765 holds
On the higher side any break above 0.7765 will target 0.7800/0.7820 in short term.
It is good to sell on rallies around 0.7725 with SL around 0.7765 for the TP of 0.764/0.7595.
