Tanalys

AUD/USD intraday: continuation of the rebound.

Pivot: 1.026

Our preference: Long positions above 1.026 with targets @ 1.0355 1.0385 in extension.

Alternative scenario: Below 1.026 look for further downside with 1.022 1.0165 as targets.

Comment: the RSI broke above a bearish trend line.

Key levels

1.0425

1.0385

1.0355

1.03111 last

1.026

1.022

1.0165

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