7757128 8/11/2017 10:46 AM, AUD/USD Intraday: the downside prevails.


Pivot: 0.7895


Our preference:

short positions below 0.7895 with targets at 0.7830 & 0.7800 in extension.


Alternative scenario:

above 0.7895 look for further upside with 0.7920 & 0.7940 as targets.


Comment:

the RSI lacks upward momentum.


Supports and resistances:


0.7940

0.7920

0.7895


0.7847

Last

0.7830

0.7800

0.7770