Tanalys

AUD/USD Intraday: key resistance at 0.7055.

AUD/USD Intraday: key resistance at 0.7055.

Pivot: 0.7055

Our preference: Short positions below 0.7055 with targets @ 0.6995 0.6975 in extension.

Alternative scenario: Above 0.7055 look for further upside with 0.7085 0.7115 as targets.

Comment: As long as 0.7055 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.7115 **

0.7085 ***

0.7055 ***

0.7036 Last

0.6995 ***

0.6975 ***

0.6960 ***

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