Tanalys

AUD/USD Intraday: bullish bias above 0.7575.

Pivot: 0.7575

Our preference: Long positions above 0.7575 with targets @ 0.766 0.7695 in extension.

Alternative scenario: Below 0.7575 look for further downside with 0.754 0.75 as targets.

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

Supports and resistances:

0.774 ***

0.7695 ***

0.766 ***

0.7598 Last

0.7575 **

0.754 ***

0.75 *

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