•RES 4: 0.78025 (28th Jan high)
•RES 3: 0.7938 (24th Mar high)
•RES 2: 0.7880 (26th Mar high)
•RES 1: 0.7840
PRICE: 0.7838 @ 10:23 GMT
•SUP 1: 0.7773 (Tenken-Sen)
•SUP 2: 0.773 (38.2% retracement of 0.75540 and 0.7841)
•SUP 3: 0.7699 (200 day 4HMA)
•SUP 4: 0.7650
AUD/USD has broken short term resistance around 0.7820 and jump till 0.7935 cannot be ruled out.
On the downside minor support is around 0.7765 and break below will drag the pair further down till 0.7730/0.7699.
Indicator (4 hour)
Woodies CCI (14) – Buy
CCI (50) – Sell
Ichimoku-Buy
It is good to buy around 0.7820 for the target of 0.7930 with stop around 0.7765.
•RES 3: 0.7938 (24th Mar high)
•RES 2: 0.7880 (26th Mar high)
•RES 1: 0.7840
PRICE: 0.7838 @ 10:23 GMT
•SUP 1: 0.7773 (Tenken-Sen)
•SUP 2: 0.773 (38.2% retracement of 0.75540 and 0.7841)
•SUP 3: 0.7699 (200 day 4HMA)
•SUP 4: 0.7650
AUD/USD has broken short term resistance around 0.7820 and jump till 0.7935 cannot be ruled out.
On the downside minor support is around 0.7765 and break below will drag the pair further down till 0.7730/0.7699.
Indicator (4 hour)
Woodies CCI (14) – Buy
CCI (50) – Sell
Ichimoku-Buy
It is good to buy around 0.7820 for the target of 0.7930 with stop around 0.7765.