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- RES 4: 0.7410
- RES 3: 0.7356 (200 day 4HMA)
- RES 2: 0.7388 ( Cloud top)
- RES 1: 0.72880 (Kijun-Sen)
PRICE: 0.7210 @10:36 GMT
- 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
- SUP 4: 0.70913 (161.8% retracement of 0.721 and 0.74097)
AUD/USD has broken 0.72500 and declined till 0.7200 from that level. Overall trend is still weak as long as resistance 0.7288 holds.
Technically Aussie short term support is at 0.7250 and any break below targets 0.7200/0.7090.
On the higher minor resistance is around 0.7290 and break above targets 0.7356/0.7400.
Bearish invalidation only above 0.7410
It is good to sell on rallies around 0.7260 with SL around 0.7300 for the TP of 0.7200/0.7090
