Tanalys

AUD/USD intraday: bullish bias above 1.0325.

Pivot: 1.0325

Our preference: Long positions above 1.0325 with targets @ 1.037 1.0395 in extension.

Alternative scenario: Below 1.0325 look for further downside with 1.0295 1.028 as targets.

Comment: the RSI lacks downward momentum.

Key levels

1.042

1.0395

1.037

1.03436 last

1.0325

1.0295

1.028

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