GBP/AUD intraday: the upside prevails as long as 1.9015 is support
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Our pivot point stands at 1.9015.
Our preference: the upside prevails as long as 1.9015 is support.
Alternative scenario: the downside breakout of 1.9015 would call for 1.8978 and 1.8956.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.9031 and 1.9025).
Supports and resistances:
1.9160 **
1.9138 *
1.9116 **
1.9094
1.9048 last
1.9030
1.9015 **
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