Tanalys

AUD/USD Intraday: key resistance at 0.864.

Pivot: 0.864

Our preference: Short positions below 0.864 with targets @ 0.855 0.849 in extension.

Alternative scenario: Above 0.864 look for further upside with 0.8755 0.8805 as targets.

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

Supports and resistances:

0.8805

0.8755

0.864

0.857 Last

0.855

0.849

0.8415

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