AUD/USD made a low of 0.7745 yesterday and is trading around 0.7780.
Major intraday resistance -0.7815.Intraday trend reversal can happen only above that level. Any break above will target 0.7850/0.7875.
Major intraday support- 0.7720. Break below will drag the pair further down till 0.7690/0.7651.
Indicators (1 Hour chart)
CCI (50) - Sell
CCI (14) – Sell
Ichimoku- Sell
Recommendation: Sell AUD/USD around 0.7770, SL 0.7820, Targets 0.7720/0.7691.
Major intraday resistance -0.7815.Intraday trend reversal can happen only above that level. Any break above will target 0.7850/0.7875.
Major intraday support- 0.7720. Break below will drag the pair further down till 0.7690/0.7651.
Indicators (1 Hour chart)
CCI (50) - Sell
CCI (14) – Sell
Ichimoku- Sell
Recommendation: Sell AUD/USD around 0.7770, SL 0.7820, Targets 0.7720/0.7691.
