AUD/USD Intraday: under pressure.
AUD/USD (AUD/USD)+0.00310+0.50%
short positions below 0.6280 with targets at 0.6250 & 0.6230 in extension.
Pivot: 0.6280
Our preference: short positions below 0.6280 with targets at 0.6250 & 0.6230 in extension.
Alternative scenario: above 0.6280 look for further upside with 0.6295 & 0.6310 as targets.
Comment: as long as the resistance at 0.6280 is not surpassed, the risk of the break below 0.6250 remains high.
Supports and resistances:
0.6310
0.6295
0.6280
0.6263 Last
0.6250
0.6230
0.6215
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