Tanalys

AUD/USD intraday: bullish bias above 0.946.

Pivot: 0.946

Our preference: Long positions above 0.946 with targets @ 0.952 0.9575 in extension.

Alternative scenario: Below 0.946 look for further downside with 0.9425 0.9385 as targets.

Comment: the pair has broken above a declining trend line and completed a pullback.

Key levels

0.9625

0.9575

0.952

0.94782 last

0.946

0.9425

0.9385

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