- RES 4: 0.7250 (Aug 25th high)
- RES 3: 0.7170 ( Trend line resistance)
- RES 2: 0.7136(20 day 4 HMA)
- RES 1: 0.7105 (7 day 4 H EMA)
PRICE: 0.7078 @11:42 GMT
- SUP 1: 0.7090 (161.8% retracement of 0.721 and 0.74097)
- SUP 2: 0.7030 (Aug 24th low)
- SUP 3: 0.7000
- SUP 4: 0.6922 (161.8% retracement of 0.7030 and 0.7204)
AUD/USD has broken short term support 0.7080 and declined from that level till 0.7068. It is currently trading at 0.7082. Overall trend is still weak as long as resistance 0.7170 holds.
Technically Aussie short term resistance is at 0.7170 and any break above target 0.7205/0.7250.
On the lower side minor support is around 0.7090 and breaks below drag the pair down till 0.7060/0.7030.
Bearish invalidation only above 0.7205
It is good to sell on rallies around 0.7130 with SL around 0.7170 for the TP of 0.7070/0.7030


FxWirePro- Major Crypto levels and bias summary
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/AUD moves lower on weak UK data
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Major European Indices
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 



