Tanalys

AUD/USD Intraday: key resistance at 0.707.

Pivot: 0.707

Our preference: Short positions below 0.707 with targets @ 0.6975 0.6935 in extension.

Alternative scenario: Above 0.707 look for further upside with 0.712 0.7175 as targets.

Comment: As long as the resistance at 0.707 is not surpassed, the risk of the break below 0.6975 remains high.

Supports and resistances:

0.7175 ***

0.712 **

0.707 ***

0.7028 Last

0.6975 ***

0.6935 **

0.69 **

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