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- AUD bulls take a breather after the recent upsurge, ignore stronger than expected Chinese services PMI data
- AUD/USD opened Wed 0.7377 and traded a 0.7349-83 range, loses some shine in wake of Lockhart's comments overnight
- The pair hit fresh session low at 0.7349 heading towards European open, with support at 0.7331 (Daily Tenkan-Sen)
- Immediate resistance is located at 0.7427 (Daily high August 4) break of which could see gains upto 0.7433
R3: 0.7440 (Daily High Jul 22)
R2: 0.7433 (Bear channel top)
R1: 0.7427 (Daily high August 4)
Support Levels:
S1: 0.7320 (10-Day MA)
S2: 0.7264 (Session Low Aug 4)
S3: 0.7233 (Daily lows Jul 31)
