7640315 7/12/2017 3:36 PM, AUD/USD ST: bullish bias above 0.7510.


Pivot: 0.7510


Our preference:

long positions above 0.7510 with targets at 0.7750 & 0.7835 in extension.


Alternative scenario:

below 0.7510 look for further downside with 0.7370 & 0.7250 as targets.


Comment:

the break above 0.7510 is a positive signal that has opened a path to 0.7750.


Supports and resistances:


0.7940 **

0.7835 **

0.7750 ***


0.7646

Last

0.7510 ***

0.7370 *

0.7250 **