Tanalys

AUD/USD Intraday: bullish bias above 0.898.

Pivot: 0.898

Our preference: Long positions above 0.898 with targets @ 0.9045 0.908 in extension.

Alternative scenario: Below 0.898 look for further downside with 0.8935 0.89 as targets.

Comment: the RSI has just broken above a bearish trend line. The pair completed a pullback towards a former declining trend line.

Supports and resistances:

0.912

0.908

0.9045

0.9017 Last

0.898

0.8935

0.89

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