• 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 
  
  

Resistance Levels:

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)