Tanalys

AUD/USD Intraday: bullish bias above 0.868.

Pivot: 0.868

Our preference: Long positions above 0.868 with targets @ 0.8815 0.886 in extension.

Alternative scenario: Below 0.868 look for further downside with 0.865 0.86 as targets.

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

Supports and resistances:

0.89

0.886

0.8815

0.8746 Last

0.868

0.865

0.86

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version