• AUD/USD has made a false break out below trend line and recovered from that level. Intra day trend is bullish as long as support 0.7750 holds.
  • Any break below 0.7750 will target 0.7690/0.7670 level.
  • On the higher side major resistance is around 0.7850 above would target 0.7935.

It is good to buy at 0.7765 with SL around 0.7745 for the TP of 0.7820/0.7845

The material has been provided by InstaForex Company – www.instaforex.com