Tanalys

AUD/USD Intraday: key resistance at 0.7245.

Pivot: 0.7245

Our preference: Short positions below 0.7245 with targets @ 0.718 0.714 in extension.

Alternative scenario: Above 0.7245 look for further upside with 0.7275 0.7305 as targets.

Comment: The upward potential is likely to be limited by the resistance at 0.7245.

Supports and resistances:

0.7305 ***

0.7275 **

0.7245 ***

0.7235 Last

0.718 ***

0.714 **

0.711 **

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