Tanalys

AUD/USD intraday: bullish bias above 1.043.

Pivot: 1.043

Our preference: Long positions above 1.043 with targets @ 1.048 1.0495 in extension.

Alternative scenario: Below 1.043 look for further downside with 1.0415 1.04 as targets.

Comment: the pair is rebounding on its support as the RSI is turning up.

Key levels

1.0525

1.0495

1.048

1.0457 last

1.043

1.0415

1.04

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