8100431 11/10/2017 5:14 PM, AUD/USD Intraday: rebound expected.


Pivot: 0.7660


Our preference:

long positions above 0.7660 with targets at 0.7695 & 0.7710 in extension.


Alternative scenario:

below 0.7660 look for further downside with 0.7645 & 0.7625 as targets.


Comment:

even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


Supports and resistances:


0.7725 *

0.7710 *

0.7695 **


0.7675

Last

0.7660 **

0.7645 *

0.7625 *