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- RES 4: 0.7820 (Jun 3rd 2015)
- RES 3: 0.7760 (Jun 4th high)
- RES 4: 0.7725 (Jun 5th high)
- RES 2 :0.7682 (200 day HMA)
PRICE: 0.7700 @ 11:47 GMT
- SUP 1: 0.7650
- SUP 2:0.7590 (Jun 1st low)
- SUP 3 : 0.7550 (Apr 2nd low)
- SUP 4: 0.7500
Commentary:
Aussie is facing resistance around 0.7725 (trend line resistance) and any bullishness can be seen only above that level. Any break above that level would extend gains till 0.7815/0.7860.
Indicator (1 hour)
CCI (14) - Sell
CCI (50) - Buy
Ichimoku- Sell
It is good to sell around 0.7690 with SL around 0.7725 for the TP of 0.7590/0.7550.
