Tanalys

AUD/USD Intraday: bullish bias above 0.9265.

Pivot: 0.9265

Our preference: Long positions above 0.9265 with targets @ 0.9305 0.934 in extension.

Alternative scenario: Below 0.9265 look for further downside with 0.9245 0.92 as targets.

Comment: The RSI has just broken above a declining trend line. The pair validated a Bullish Flag pattern calling for further advance

Supports and resistances:

0.937

0.934

0.9305

0.9287 Last

0.9265

0.9245

0.92

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