FX:AUDUSD   Australian Dollar / U.S. Dollar
177 2 1
•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: 0.7766 @ 12:34 GMT            
•SUP 1: 0.7775

•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 made a high of 0.7840 and retreated from that level. Short term trend is weak as long as resistance 0.7850 holds

On the downside minor support is around 0.7750 and break below will drag the pair further down till 0.7695/0.7650.

Indicator (4 hour)

Woodies CCI (14) – Neutral

CCI (50) – Sell

Ichimoku-Neutral

It is good to Sell around 0.7800 for the target of 0.7650 with stop around 0.7850.

Hi there i think the sell and stop value is other way round ? did u mean sell around 0.7765 with stop 0.7800?thanks
Reply
FxWirePro BULLVSBEAR
Sorry stop was 0.7850
Reply
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