Tanalys

AUD/USD Intraday: key resistance at 0.716.

Pivot: 0.716

Our preference: Short positions below 0.716 with targets @ 0.7065 0.704 in extension.

Alternative scenario: Above 0.716 look for further upside with 0.719 0.725 as targets.

Comment: As long as 0.716 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.725 ***

0.719 **

0.716 **

0.7123 Last

0.7065 **

0.704 **

0.7 *

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version