Description
⋅ AUD/USD has broken major resistance 0.7910 and jump till 0.8024 cannot be ruled out.
On the downside minor support is around 0.7900 and nay break below will take the pair further down till 0.7860/0.7835 in short term.
The pair’s minor resistance around 0.7938 and any break above would extend gains till 0.7965 /0.8025.
Indicators (4 Hour chart)
CCI (50) - Buy
CCI (14) - Buy
CCI (14)-Buy
Recommendation: Buy AUD/USD around 0.7900 SL 0.7860, Target 0.7960/0.800.