AUD/USD Intraday: consolidation in place.

Pivot: 0.6230

Our preference: short positions below 0.6230 with targets at 0.6200 & 0.6185 in extension.

Alternative scenario: above 0.6230 look for further upside with 0.6245 & 0.6255 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:

0.6255

0.6245

0.6230

0.6206 Last

0.6200

0.6185

0.6170