Tanalys

AUD/USD Intraday: bullish bias above 0.922.

Pivot: 0.922

Our preference: Long positions above 0.922 with targets @ 0.934 0.9385 in extension.

Alternative scenario: Below 0.922 look for further downside with 0.918 0.915 as targets.

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

Supports and resistances:

0.9445

0.9385

0.934

0.9261 Last

0.922

0.918

0.915

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