FxWirePro:AUD/USD faces strong support at 0.7690, sell on rallies

• RES 4: 0.7860
  
  
• RES 3 : 0.7820 (Jun 3^rd 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 12^th low)

• SUP 3 : 0.7640 (Jun 17^th low)

• SUP 4: 0.7590 (Jun 6^th low)

• SUP 4: 0.7530 (Apr 2^nd 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.