Tanalys

AUD/USD intraday: bullish bias above 0.907.

Pivot: 0.907

Our preference: Long positions above 0.907 with targets @ 0.9155 0.918 in extension.

Alternative scenario: Below 0.907 look for further downside with 0.903 0.899 as targets.

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

Key levels

0.925

0.918

0.9155

0.91123 last

0.907

0.903

0.899

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