Tanalys

AUD/USD Intraday: key resistance at 0.7795.

Pivot: 0.7795

Our preference: Short positions below 0.7795 with targets @ 0.7715 0.768 in extension.

Alternative scenario: Above 0.7795 look for further upside with 0.784 0.7875 as targets.

Comment: The upward potential is likely to be limited by the resistance at 0.7795.

Supports and resistances:

0.7875 ***

0.784 **

0.7795 ***

0.778 Last

0.7715 **

0.768 **

0.764 ***

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