in ANALISA by hafid zaini

7983786 10/12/2017 9:00 PM, AUD/USD Intraday: the upside prevails.


Pivot: 0.7790


Our preference:

long positions above 0.7790 with targets at 0.7840 & 0.7860 in extension.


Alternative scenario:

below 0.7790 look for further downside with 0.7770 & 0.7745 as targets.


Comment:

the RSI lacks downward momentum.


Supports and resistances:


0.7875

0.7860

0.7840


0.7820

Last

0.7790

0.7770

0.7745