Tanalys

AUD/USD Intraday: bullish bias above 0.77.

Pivot: 0.77

Our preference: Long positions above 0.77 with targets @ 0.7785 0.781 in extension.

Alternative scenario: Below 0.77 look for further downside with 0.764 0.76 as targets.

Comment: A support base at 0.77 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.784 ***

0.781 ***

0.7785 ***

0.7737 Last

0.77 ***

0.764 ***

0.76 ***

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