Tanalys

AUD/USD Intraday: key resistance at 0.7835.

Pivot: 0.7835

Our preference: Short positions below 0.7835 with targets @ 0.775 0.7715 in extension.

Alternative scenario: Above 0.7835 look for further upside with 0.7875 0.7905 as targets.

Comment: As long as 0.7835 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.7905 ***

0.7875 **

0.7835 ***

0.7816 Last

0.775 ***

0.7715 **

0.769 **

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