Tanalys

AUD/USD Intraday: key resistance at 0.899.

Pivot: 0.899

Our preference: Short positions below 0.899 with targets @ 0.887 0.882 in extension.

Alternative scenario: Above 0.899 look for further upside with 0.902 0.905 as targets.

Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:

0.905

0.902

0.899

0.8919 Last

0.887

0.882

0.877

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