Tanalys

AUD/USD Intraday: key resistance at 0.721.

Pivot: 0.721

Our preference: Short positions below 0.721 with targets @ 0.715 0.7135 in extension.

Alternative scenario: Above 0.721 look for further upside with 0.724 0.726 as targets.

Comment: As long as 0.721 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.726 ***

0.724 **

0.721 ***

0.7189 Last

0.715 **

0.7135 ***

0.711 ***

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