Tanalys

AUD/USD Intraday: bounce.

Pivot: 0.896

Our preference: Long positions above 0.896 with targets @ 0.905 0.907 in extension.

Alternative scenario: Below 0.896 look for further downside with 0.8935 0.889 as targets.

Comment: the RSI calls for a new upleg. The pair is supported by a rising trend line.

Supports and resistances:

0.909

0.907

0.905

0.9023 Last

0.896

0.8935

0.889

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