7878588 9/14/2017 12:10 PM, AUD/USD Intraday: rebound.


Pivot: 0.7970


Our preference:

long positions above 0.7970 with targets at 0.8045 & 0.8060 in extension.


Alternative scenario:

below 0.7970 look for further downside with 0.7940 & 0.7915 as targets.


Comment:

the RSI shows upside momentum.


Supports and resistances:


0.8080

0.8060

0.8045


0.8007

Last

0.7970

0.7940

0.7915