AUD/USD Intraday: intraday support around 0.6380.

Pivot: 0.6380

Our preference: long positions above 0.6380 with targets at 0.6415 & 0.6430 in extension.

Alternative scenario: below 0.6380 look for further downside with 0.6365 & 0.6345 as targets.

Comment: a support base at 0.6380 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.6470

0.6430

0.6415

0.6390 Last

0.6380

0.6365

0.6345