Tanalys

AUD/USD Intraday: bullish bias above 0.698.

Pivot: 0.698

Our preference: Long positions above 0.698 with targets @ 0.7035 0.706 in extension.

Alternative scenario: Below 0.698 look for further downside with 0.6935 0.69 as targets.

Comment: A support base at 0.698 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.709 ***

0.706 ***

0.7035 ***

0.6995 Last

0.698 ***

0.6935 ***

0.69 **

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