Tanalys

AUD/USD Intraday: bullish bias above 0.874.

Pivot: 0.874

Our preference: Long positions above 0.874 with targets @ 0.881 0.886 in extension.

Alternative scenario: Below 0.874 look for further downside with 0.8705 0.865 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

0.881

0.8768 Last

0.874

0.8705

0.865

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version