Aussie faces minor resistance at 0.702,break above target 0.7095

FX:AUDUSD   Australian Dollar / U.S. Dollar
449 1 7
Aussie has recovered after making a low of 0.6938 and is currently trading at 0.7010. It is facing minor resistance at 0.7020 ( trend line joining 0.7153 and 0.70425).

Any break above 0.7020 will take the pair to next level to 0.7075/0.7100 in short term.

On the downside minor support is around 0.6975 and any break below will drag the pair till 0.6940/0.6900.

Further weakness only below 0.6940.

It is good to buy above 0.7020 with SL around 0.6975 for the TP of 0.7075/0.7098
Great call.thanks
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