Tanalys

AUD/USD Intraday: turning up.

Pivot: 0.877

Our preference: Long positions above 0.877 with targets @ 0.888 0.892 in extension.

Alternative scenario: Below 0.877 look for further downside with 0.8705 0.867 as targets.

Comment: the RSI is bullish and calls for further upside. The pair has broken above a key resistance and remains on the upside.

Supports and resistances:

0.897

0.892

0.888

0.8860 Last

0.877

0.8705

0.867

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version