Tanalys

AUD/USD intraday: bullish bias above 1.022.

Pivot: 1.022

Our preference: Long positions above 1.022 with targets @ 1.0277 1.029 in extension.

Alternative scenario: Below 1.022 look for further downside with 1.02 1.018 as targets.

Comment: the RSI lacks downward momentum.

Key levels

1.032

1.029

1.0277

1.02409 last

1.022

1.02

1.018

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