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- RES 4: 0.7860
- RES 3 : 0.7820 (Jun 3rd high)
- RES 2: 0.7785 (Cloud top)
- RES 1 : 0.7750 (200 day HMA)
PRICE: 0.7712 @ 10:46 GMT
- SUP 1 :0.7670 (Jun 12th low)
- SUP 2 : 0.7640 (Jun 17th low)
- SUP 3: 0.7590 (Jun 6th low)
- SUP 4: 0.7530
Commentary:
AUD/USD has retreated till 0.7690 and is currently trading at 0.7715 level. Intraday trend is bearish as long as resistance 0.7760 holds.
On the higher side any break above 0.7760 will target 0.7790/0.7820 in short term.
It is good to sell on rallies around 0.7755 with SL around 0.7780 for the TP of 0.7670/0.7640.
