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Short

AUD/USD rejected at day's high by 0.7637, good to sell rallies

FX:AUDUSD   Australischer Dollar/U.S. Dollar
218 0 11
AUD/USD             rejected at day's high by 0.7637, slips below the 0.76 handle to currently trade around 0.7590 levels.

Technicals on 2H charts show scope for further downside, Stochs and RSI are biased lower and MACD line shows bearish crossover on signal line.

Immediate support is seen at 0.7568 (Mar 21 st             lows), while resistance is seen at 0.76 (psychological level and 10-DMA).

Good to sell rallies around 0.7590/0.76, SL: 0.7640, TP: 0.7533/0.7510
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