Tanalys

AUD/USD Intraday: bullish bias above 0.937.

Pivot: 0.937

Our preference: Long positions above 0.937 with targets @ 0.948 0.952 in extension.

Alternative scenario: Below 0.937 look for further downside with 0.9335 0.9285 as targets.

Comment: a support base at 0.937 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.957

0.952

0.948

0.941 Last

0.937

0.9335

0.9285

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