Aussie faces trendline support at 0.717,break below targets 0.71
AUD/USD has made a high of 0.7234 on Yesterday and started to retreat from that level. It is currently trading at 0.7193
Aussie is facing minor trend line support around 0.7170 and any break below targets 0.7100/0.7060 in short term.
On the higher side major resistance is around 0.7235 and break above would take the pair till 0.7280/0.7300.
It is good to sell only below 0.7170 with SL around 0.7235 for the TP of 0.7100/0.7065
Aussie is facing minor trend line support around 0.7170 and any break below targets 0.7100/0.7060 in short term.
On the higher side major resistance is around 0.7235 and break above would take the pair till 0.7280/0.7300.
It is good to sell only below 0.7170 with SL around 0.7235 for the TP of 0.7100/0.7065