Tanalys

AUD/USD intraday: intraday support around 0.908.

Pivot: 0.908

Our preference: Long positions above 0.908 with targets @ 0.919 0.923 in extension.

Alternative scenario: Below 0.908 look for further downside with 0.904 0.9005 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Key levels

0.928

0.923

0.919

0.91247 last

0.908

0.904

0.9005

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