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- Aussie is facing strong resistance around 0.7210 and any trend reversal only above that level.Any break above that level will take the pair to next target 0.7260.
- The pair is struggling to close above trend line resistance (trend line joining 0.7600 and 0. 7091)
- On the lower side minor support is around 0.7170 and any break below will drag the pair further down till 0.7144/0.7120.
It is good to sell on rallies around 0.7180-85 with SL around 0.7225 for the TP of 0.7125/0.7085
