Tanalys

AUD/USD Intraday: bullish bias above 0.6975.

Pivot: 0.6975

Our preference: Long positions above 0.6975 with targets @ 0.704 0.706 in extension.

Alternative scenario: Below 0.6975 look for further downside with 0.6935 0.69 as targets.

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

Supports and resistances:

0.709 ***

0.706 ***

0.704 ***

0.7002 Last

0.6975 ***

0.6935 ***

0.69 **

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version