Tanalys

AUD/USD ST: under pressure.

Pivot: 0.803

Our preference: Short positions below 0.803 with targets @ 0.755 0.727 in extension.

Alternative scenario: Above 0.803 look for further upside with 0.83 0.855 as targets.

Comment: As long as 0.803 is resistance, likely decline to 0.755.

Supports and resistances:

0.855 ***

0.83 ***

0.803 ***

0.7678 Last

0.755 ***

0.727 ***

0.698 **

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