Tanalys

AUD/USD Intraday: intraday support around 0.8825.

Pivot: 0.8825

Our preference: Long positions above 0.8825 with targets @ 0.8885 0.892 in extension.

Alternative scenario: Below 0.8825 look for further downside with 0.877 0.8705 as targets.

Comment: the RSI lacks downward momentum. The pair stands above its new strong support and remains on the upside.

Supports and resistances:

0.897

0.892

0.8885

0.8844 Last

0.8825

0.877

0.8705

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