FxWirePro: AUD/USD struggles to close above 0.7500, good to sell on rallies

• RES 4: 0.7580 (Cloud top)
  
  
• RES 3: 0.7548 (55 day 4H EMA)

• RES 4 : 0.7532 (Jul 6^th high)
  
  
• RES 3: 0.7500

      PRICE: 0.7468@ 11:43 GMT 

• SUP 1: 0.7430 (20 day 4 HMA)
  
  
• SUP 2: 0.7370 (Jul 8^th low)

• SUP 3: 0.7326

• SUP 4: 0.7297 (161.8% retracement of 0.7371 and 0.74906)

Commentary:

AUD/USD has made a low of 0.7370 and recovered till 0.74950.  Overall trend is weak as long as resistance 0.7500 holds

On the higher side any break above 0.7500 will target 0.7535/0.7560 in short term.

It is good to sell on rallies around 0.7470 with SL around 0.7505 for the TP of 0.7370/0.7305