AUD/USD Intraday: key resistance at 0.6505.
AUD/USD (AUD/USD)
+0.00111+0.17%
short positions below 0.6505 with targets at 0.6460 & 0.6440 in extension.
Pivot: 0.6505
Our preference: short positions below 0.6505 with targets at 0.6460 & 0.6440 in extension.
Alternative scenario: above 0.6505 look for further upside with 0.6520 & 0.6535 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
0.6535
0.6520
0.6505
0.6496 Last
0.6460
0.6440
0.6420
Our preference: short positions below 0.6505 with targets at 0.6460 & 0.6440 in extension.
Alternative scenario: above 0.6505 look for further upside with 0.6520 & 0.6535 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
0.6535
0.6520
0.6505
0.6496 Last
0.6460
0.6440
0.6420
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