Tanalys

AUD/USD Intraday: bullish bias above 0.9205.

Pivot: 0.9205

Our preference: Long positions above 0.9205 with targets @ 0.929 0.9315 in extension.

Alternative scenario: Below 0.9205 look for further downside with 0.9175 0.915 as targets.

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

Supports and resistances:

0.934

0.9315

0.929

0.9237 Last

0.9205

0.9175

0.915

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