8078274 11/6/2017 5:28 PM, AUD/USD Intraday: consolidation in place.


Pivot: 0.7670


Our preference:

short positions below 0.7670 with targets at 0.7635 & 0.7615 in extension.


Alternative scenario:

above 0.7670 look for further upside with 0.7695 & 0.7715 as targets.


Comment:

as long as 0.7670 is resistance, look for choppy price action with a bearish bias.


Supports and resistances:


0.7715 **

0.7695 **

0.7670 ***


0.7658

Last

0.7635 *

0.7615 *

0.7595 *