Tanalys

AUD/USD ST: turning down.

Pivot: 0.7805

Our preference: Short positions below 0.7805 with targets @ 0.727 0.6980 in extension.

Alternative scenario: Above 0.7805 look for further upside with 0.8165 0.8305 as targets.

Comment: The RSI is bearish and calls for further downside.

Supports and resistances:

0.8305 **

0.8165 **

0.7805 ***

0.7509 Last

0.727 ***

0.6980 **

0.6865 **

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