Tanalys

AUD/USD Intraday: bullish bias above 0.708.

Pivot: 0.708

Our preference: Long positions above 0.708 with targets @ 0.715 0.717 in extension.

Alternative scenario: Below 0.708 look for further downside with 0.704 0.7015 as targets.

Comment: A support base at 0.708 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.7195 ***

0.717 **

0.715 ***

0.7093 Last

0.708 ***

0.704 **

0.7015 ***

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