Tanalys

AUD/USD Intraday: intraday support around 0.8705.

Pivot: 0.8705

Our preference: Long positions above 0.8705 with targets @ 0.8805 0.885 in extension.

Alternative scenario: Below 0.8705 look for further downside with 0.8645 0.8605 as targets.

Comment: A support base at 0.8705 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.89

0.885

0.8805

0.8712 Last

0.8705

0.8645

0.8605

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