Tanalys

AUD/USD Intraday: key resistance at 0.724.

Pivot: 0.724

Our preference: short positions below 0.724 with targets @ 0.715 0.713 in extension.

Alternative scenario: above 0.724 look for further upside with 0.727 0.731 as targets.

Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:

0.731 ***

0.727 **

0.724 ***

0.7189 Last

0.715 **

0.713 ***

0.71 ***

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