7759667 8/11/2017 9:02 PM, AUD/USD Intraday: rebound.


Pivot: 0.7830


Our preference:

long positions above 0.7830 with targets at 0.7920 & 0.7940 in extension.


Alternative scenario:

below 0.7830 look for further downside with 0.7800 & 0.7770 as targets.


Comment:

the RSI shows upside momentum.


Supports and resistances:


0.7980

0.7940

0.7920


0.7875

Last

0.7830

0.7800

0.7770