- RES 4: 0.7450 (Jul 21st high)
- RES 3: 0.74275 (Aug 4th high)
- RES 2: 0.7382 (200 day 4HMA)
- RES 1: 0.7356 (20 day 4 HMA)
PRICE: 0.73389 @11:09 GMT
- SUP 1: 0.7315 (Aug 6th low)
- SUP 2: 0.7250 (161.8% retracement of 0.73266 and 0.74484)
- SUP 3: 0.7193 (61.8% projection of 0.7848 to 0.73266 from 0.7448)
- SUP 4: 0.7180
AUD/USD has made a high of 0.73966 and declined from that level. Overall trend is still weak as long as resistance 0.7410 holds.
Technically Aussie short term support is at 0.7350 and any break below confirms short term weakness, a decline till 0.72500 cannot be ruled out.
On the higher minor resistance is around 0.7410 and break above targets 0.7445/0.7490.
Bearish invalidation only above 0.7410
It is good to sell on rallies around 0.7380 with SL around 0.7425 for the TP of 0.7250/0.7230


FxWirePro- Major Crypto levels and bias summary
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FxWirePro- Woodies pivot (Major)
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FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro: GBP/USD hits one-month high, scope for further upside 



