Tanalys

AUD/USD Intraday: bullish bias above 0.8695.

Pivot: 0.8695

Our preference: Long positions above 0.8695 with targets @ 0.8765 0.879 in extension.

Alternative scenario: Below 0.8695 look for further downside with 0.8645 0.859 as targets.

Comment: The RSI lacks downward momentum. The pair remains within a bullish channel.

Supports and resistances:

0.8815

0.879

0.8765

0.872 Last

0.8695

0.8645

0.859

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