7977835 10/11/2017 6:46 PM, AUD/USD Intraday: the upside prevails.


Pivot: 0.7770


Our preference:

long positions above 0.7770 with targets at 0.7800 & 0.7820 in extension.


Alternative scenario:

below 0.7770 look for further downside with 0.7745 & 0.7730 as targets.


Comment:

a support base at 0.7770 has formed and has allowed for a temporary stabilisation.


Supports and resistances:


0.7840

0.7820

0.7800


0.7784

Last

0.7770

0.7745

0.7730