Muted reaction to upbeat Australian trade balance data, focus remains on the US Friday’s NFP data.
Technicals are , the pair has breached 20-DMA support at 0.7589, on track to test 100-DMA at 0.7514.
Price action has broken into daily cloud. Stochs and biased lower, is on the verge of a crossover on signal line.
Major support levels - 0.7536 ( ), 0.7514 (100-DMA), 0.7485 ( )
Major resistance levels - 0.7607 (50-DMA) , 0.7629 (5-DMA), 0.7645 (Oct 5 high)
Good to sell rallies around 0.7590/0.76 SL: 0.7645, TP: 0.7535/ 0.7515/ 0.75