7756573 8/11/2017 6:52 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 0.7920 & 0.7940 as targets.


Comment:

the RSI is bearish and calls for further decline.


Supports and resistances:


0.7940

0.7920

0.7895


0.7865

Last

0.7850

0.7830

0.7800