AUDUSD intraday technical analysis - 13/08/2018
AUDUSD1.27565 / 1.27572
Upwards scenario: Medium-term bias remain negative, however upside risk aversion is seen above the resistance level at 0.7320 (R1). Break here would suggest next target at 0.7370 (R2) and any further market strengthening would then be limited to final target at 0.7419 (R3).
Resistance levels: 0.7320 , 0.7370 , 0.7419
Support levels: 0.7222 , 0.7171 , 0.7123