Tanalys

AUD/USD Intraday: key resistance at 0.774.

Pivot: 0.774

Our preference: Short positions below 0.774 with targets @ 0.769 0.764 in extension.

Alternative scenario: Above 0.774 look for further upside with 0.7765 0.7795 as targets.

Comment: As long as the resistance at 0.774 is not surpassed, the risk of the break below 0.769 remains high.

Supports and resistances:

0.7795 **

0.7765 ***

0.774 ***

0.7737 Last

0.769 **

0.764 **

0.76 *

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