Tanalys

AUD/USD Intraday: bullish bias above 0.8955.

Pivot: 0.8955

Our preference: Long positions above 0.8955 with targets @ 0.9015 0.9045 in extension.

Alternative scenario: Below 0.8955 look for further downside with 0.8925 0.89 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

0.908

0.9045

0.9015

0.8988 Last

0.8955

0.8925

0.89

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