7641130 7/12/2017 6:50 PM, AUD/USD Intraday: the upside prevails.


Pivot: 0.7625


Our preference:

long positions above 0.7625 with targets at 0.7665 & 0.7690 in extension.


Alternative scenario:

below 0.7625 look for further downside with 0.7600 & 0.7585 as targets.


Comment:

the break above 0.7625 is a positive signal that has opened a path to 0.7665.


Supports and resistances:


0.7710

0.7690

0.7665


0.7654

Last

0.7625

0.7600

0.7585