• AUD/USD Intraday: break of a ST rising trendline support

    AUD/USD Intraday: break of a ST rising trendline support.

       
         
          Pivot: 0.7465

    Most Likely Scenario: short positions below 0.7465 with targets at 0.7410 & 0.7395 in extension.

    Alternative scenario: above 0.7465 look for further upside with 0.7495 & 0.7535 as targets.

    Comment: technically the RSI is below its neutrality area at 50.


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