Tanalys

AUD/USD Intraday: key resistance at 0.862.

Pivot: 0.862

Our preference: Short positions below 0.862 with targets @ 0.8535 0.849 in extension.

Alternative scenario: Above 0.862 look for further upside with 0.866 0.868 as targets.

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

Supports and resistances:

0.868

0.866

0.862

0.8601 Last

0.8535

0.849

0.8415

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