Tanalys

AUD/USD Intraday: key resistance at 0.771.

Pivot: 0.771

Our preference: Short positions below 0.771 with targets @ 0.759 0.7555 in extension.

Alternative scenario: Above 0.771 look for further upside with 0.774 0.7805 as targets.

Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited. The pair stands below its resistance and remains under pressure.

Supports and resistances:

0.7805 ***

0.774 ***

0.771 ***

0.7665 Last

0.759 ***

0.7555 ***

0.751 **

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