Tanalys

AUD/USD intraday: bullish bias above 0.8925.

Pivot: 0.8925

Our preference: Long positions above 0.8925 with targets @ 0.9 0.904 in extension.

Alternative scenario: Below 0.8925 look for further downside with 0.888 0.883 as targets.

Comment: a support base at 0.8925 has formed and has allowed for a temporary stabilisation.

Key levels

0.908

0.904

0.9

0.8946 last

0.8925

0.888

0.883

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