Tanalys

AUD/USD Intraday: bullish bias above 0.724.

Pivot: 0.724

Our preference: long positions above 0.724 with targets @ 0.728 0.7315 in extension.

Alternative scenario: below 0.724 look for further downside with 0.7205 0.718 as targets.

Comment: the immediate trend remains up and the momentum is strong.

Supports and resistances:

0.7335 *

0.7315 *

0.728 **

0.7271 Last

0.724 ***

0.7205 **

0.718 ***

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