Tanalys

AUD/USD Intraday: key resistance at 0.875.

Pivot: 0.875

Our preference: Short positions below 0.875 with targets @ 0.8645 0.8605 in extension.

Alternative scenario: Above 0.875 look for further upside with 0.8805 0.885 as targets.

Comment: The upward potential is likely to be limited by the resistance at 0.875.

Supports and resistances:

0.885

0.8805

0.875

0.8727 Last

0.8645

0.8605

0.859

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