AUD/USD Intraday: rebound.
AUD/USD (AUD/USD)
+0.00209+0.33%
long positions above 0.6395 with targets at 0.6440 & 0.6460 in extension.
Pivot: 0.6395
Our preference: long positions above 0.6395 with targets at 0.6440 & 0.6460 in extension.
Alternative scenario: below 0.6395 look for further downside with 0.6375 & 0.6355 as targets.
Comment: a support base at 0.6395 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
0.6480
0.6460
0.6440
0.6422 Last
0.6395
0.6375
0.6355
Our preference: long positions above 0.6395 with targets at 0.6440 & 0.6460 in extension.
Alternative scenario: below 0.6395 look for further downside with 0.6375 & 0.6355 as targets.
Comment: a support base at 0.6395 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
0.6480
0.6460
0.6440
0.6422 Last
0.6395
0.6375
0.6355
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