Tanalys

AUD/USD Intraday: bullish bias above 0.6965.

Pivot: 0.6965

Our preference: long positions above 0.6965 with targets @ 0.702 0.7045 in extension.

Alternative scenario: below 0.6965 look for further downside with 0.694 0.6915 as targets.

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

Supports and resistances:

0.7075 ***

0.7045 ***

0.702 ***

0.6995 Last

0.6965 ***

0.694 ***

0.6915 ***

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