Tanalys

AUD/USD Intraday: bullish bias above 0.695.

Pivot: 0.695

Our preference: long positions above 0.695 with targets @ 0.701 0.704 in extension.

Alternative scenario: below 0.695 look for further downside with 0.6905 0.6865 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

0.7065 ***

0.704 ***

0.701 ***

0.6962 Last

0.695 ***

0.6905 **

0.6865 **

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