8088632 11/8/2017 4:50 PM, AUD/USD ST: the downside prevails.


Pivot: 0.7890


Our preference:

short positions below 0.7890 with targets at 0.7565 & 0.7465 in extension.


Alternative scenario:

above 0.7890 look for further upside with 0.8125 & 0.8250 as targets.


Comment:

the break below 0.7890 is a negative signal that has opened a path to 0.7565.


Supports and resistances:


0.8250 **

0.8125 ***

0.7890 ***


0.7667

Last

0.7565 **

0.7465 **

0.7325 ***