FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
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 - EconoTimes)
- AUD/USD rejected at fresh multi-week highs at 0.7588, edges lower to currently trade at 0.7540.
- The pair finds minor support at 5-DMA at 0.7530, break below could see downside upto 0.7495.
- We do no see any signs of reversal on daily charts. Intraday bias is lower.
- Break below 200-DMA at 0.7495 could see drag upto 0.7375.
TIME TREND INDEX OB/OS INDEX
1H Bearish Neutral
4H Bearish Neutral
1D Neutral Neutral
1W Bullish Neutral
Support levels - 0.7529 (5-DMA), 0.7495 (200-DMA), 0.7467 (50% Fib of 0.7776 to 0.7160 fall), 0.74
Resistance levels - 0.7568 (Jan 17 high), 0.7588 (session high), 0.76, 0.7645 (78.6% Fib)
Call Update: Our previous call (http://www.econotimes.com/FxWirePro-AUD-USD-spikes-past-075-handle-bias-higher-good-to-go-long-on-dips-493410) has hit target price 1.
Recommendation: Book partial profits at highs. Raise trailing stop to 0.7495, hold for upside
