Tanalys

AUD/USD Intraday: bullish bias above 0.718.

Pivot: 0.718

Our preference: Long positions above 0.718 with targets @ 0.725 0.727 in extension.

Alternative scenario: Below 0.718 look for further downside with 0.715 0.7115 as targets.

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

Supports and resistances:

0.7295 ***

0.727 ***

0.725 ***

0.7197 Last

0.718 ***

0.715 ***

0.7115 **

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version