AUD/USD Intraday: the upside prevails.
Pivot: 0.6505
Our preference: long positions above 0.6505 with targets at 0.6545 & 0.6560 in extension.
Alternative scenario: below 0.6505 look for further downside with 0.6485 & 0.6470 as targets.
Comment: a support base at 0.6505 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
0.6580
0.6560
0.6545
0.6525 Last
0.6505
0.6485
0.6470
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