Tanalys

AUD/USD Intraday: continuation of the rebound.

Pivot: 0.872

Our preference: Long positions above 0.872 with targets @ 0.8825 0.8855 in extension.

Alternative scenario: Below 0.872 look for further downside with 0.8655 0.86 as targets.

Comment: The pair is supported by its ascending 50-period moving average (in blue).

Supports and resistances:

0.8885

0.8855

0.8825

0.8767 Last

0.872

0.8655

0.86

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