Tanalys

AUD/USD Intraday: key resistance at 0.725.

Pivot: 0.725

Our preference: short positions below 0.725 with targets @ 0.718 0.715 in extension.

Alternative scenario: above 0.725 look for further upside with 0.7285 0.732 as targets.

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

Supports and resistances:

0.732 ***

0.7285 ***

0.725 ***

0.7218 Last

0.718 **

0.715 ***

0.713 ***

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