Aussie forms double bottom around 0.7690,targets 0.7820

Aussie has formed double bottom around 0.7690 and recovered from that level. Further weakness can be seen only below that level.

On the upside minor resistance is around 0.7760 and break above would extend gains till 0.7820/0.7850.

It is good to buy at dips around 0.7730 with SL around 0.7690 for the target 0.7790/0.7820.