AUD/USD Technical Analysis: Approximation to 0.7400 seems likely while above 0.7340

• Pair is correcting lower ahead of the Asian session; below 0.7345, the bearish pressure is likely to increase, exposing 0.7330 and 0.7325.
• If holds above 0.7345, a move back to 0.7375 on Asian hours seems probable; another USD sell-off would target 0.7390. 
• Aussie remains vulnerable despite upbeat AU jobs data and late US dollar sell-off; although bearish pressure eased. 
• Daily chart shows AUD/USD still facing pressure, but a close significantly below 0.7330 is needed for more losses. 

AUD/USD Chart, 15-Minute

Spot rate:                0.7357
High:                      0.7440
Low:                       0.7321

Trend:                    Bearish

Resistance 1:        0.7390 (Intraday)
Resistance 2:        0.7445 (jul 16 high)
Resistance 3:        0.7483 (Jul high)

Support 1:            0.7345 (intraday)
Support 2:            0.7320 (Jun 27 & Jul 19 low)
Support 3:            0.7300 (Figure)