On the upside AUD/USD is facing major resistance around 0.7860 (Tenken-Sen) and any break above will extend gains till 0.7920 (20 day 4HMA)/0.79650.
The pair is facing strong support around 0.7790 and break below will drag the pair further down till 0.7740 /0.7709.
Indicator (4 Hour chart)
(50) - Sell
(14) – Sell
It is good to sell on rallies around 0.7860 for the target of 0.7705 with stop around 0.7920.