7760950 8/14/2017 6:35 AM, AUD/USD Intraday: the bias remains bullish.


Pivot: 0.7865


Our preference:

long positions above 0.7865 with targets at 0.7910 & 0.7930 in extension.


Alternative scenario:

below 0.7865 look for further downside with 0.7840 & 0.7820 as targets.


Comment:

the RSI lacks downward momentum.


Supports and resistances:


0.7945

0.7930

0.7910


0.7891

Last

0.7865

0.7840

0.7820