Tanalys

AUD/USD Intraday: key resistance at 0.7845.

Pivot: 0.7845

Our preference: Short positions below 0.7845 with targets @ 0.773 0.77 in extension.

Alternative scenario: Above 0.7845 look for further upside with 0.7885 0.791 as targets.

Comment: As long as 0.7845 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.791 ***

0.7885 ***

0.7845 ***

0.7808 Last

0.773 ***

0.77 **

0.765 **

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