AUD/USD takes support near 20 day 4 HMA,targets 0.7845

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