Tanalys

AUD/USD intraday: bullish bias above 0.912.

Pivot: 0.912

Our preference: Long positions above 0.912 with targets @ 0.9305 0.934 in extension.

Alternative scenario: Below 0.912 look for further downside with 0.903 0.9 as targets.

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

Key levels

0.94

0.934

0.9305

0.9214 last

0.912

0.903

0.9

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