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- RES 4: 0.7938
- RES 3: 0.7875
- RES 2: 0.7830
- RES 1: 0.7790 (Tenken-Sen)
PRICE: 0.7730 @ 0.3:43GMT
- SUP 1: 0.7740
- SUP 2: 0.7690
- SUP 3: 0.7640
- SUP 4: 0.7600
Weekly trend -Bearish
AUD/USD has formed Shooting star pattern in weekly chart and closed near week's low.Overall trend is weak and decline till 0.7600 cannot be ruled out.
It is good to sell on rallies around 0.7800 with stop around 0.7900 for the target of 0.7600.
