AUDUSD traded in a narrow 100 pips' range last week.

Only above 0.7671/85 will erase immediate downside risk.

To the downside, 0.7515, 0.7470/30 are support levels.

For now we have to focus on intraday short term trade and wait for better opportunities.

Daily support      Levels: 0.7550 0.7539 0.7518 0.7509

Daily resistance Levels: 0.7579 0.7584 0.7603 0.7638

Intraday Trade Idea: (spot 0.7563)

①Buy Limit  @ 0.7484 SL @ 0.7463 Take Profit @ 0.7508

②Sell  Limit @ 0.7573 SL @ 0.7591 Take Profit @ 0.7540

Click on the image to enlarge

audusd chart 1

audusd chart 2

audusd chart 3

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