7750297 8/10/2017 1:58 AM, AUD/USD Intraday: under pressure.


Pivot: 0.7895


Our preference:

short positions below 0.7895 with targets at 0.7850 & 0.7830 in extension.


Alternative scenario:

above 0.7895 look for further upside with 0.7925 & 0.7945 as targets.


Comment:

the RSI is mixed with a bearish bias. Prices are ranging within a bearish channel.


Supports and resistances:


0.7945

0.7925

0.7895


0.7882

Last

0.7850

0.7830

0.7800