- RES 4: 0.7500 (Jul 10th high)
- RES 3: 0.7450 (Jul 21st high)
- RES 2: 0.74275 (Aug 4th high)
- RES 1: 0.7375 (200 day 4HMA)
PRICE: 0.7342 @12:00 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 till 0.7314 from that level. Overall trend is still weak as long as resistance 0.7410 holds.
Technically Aussie short term support is at 0.7340 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: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro:EUR/AUD eases but bullish outlook persists
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/USD dips lower on negative UK retail sales data
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 



