AUD/NZD intraday: rebound towards 1.0820
Alternative scenario: the downside breakout of 1.0740 would call for 1.0710 and 1.0690.
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Alternative scenario: the downside breakout of 1.0740 would call for 1.0710 and 1.0690.
Our preference: the upside prevails as long as 1.2496 is support.
Alternative scenario: the upside breakout of 132.98 would call for 133.48 and 133.78.
Our preference: the downside prevails as long as 100.91 is resistance.
The configuration is positive.
Alternative scenario: the upside breakout of 1.3378 would call for 1.3419 and 1.3443.
Alternative scenario: the downside breakout of 0.6763 would call for 0.6731 and 0.6712.
Alternative scenario: above 1.3235, look for 1.3261 and 1.3277.
Our preference: the downside prevails as long as 1.6324 is resistance.
Alternative scenario: the downside breakout of 0.9792 would call for 0.9767 and 0.9752.
Alternative scenario: the downside breakout of 89.61 would call for 89.17 and 88.92.