Tanalys

AUD/USD Intraday: key resistance at 0.939.

Pivot: 0.939

Our preference: Short positions below 0.939 with targets @ 0.929 0.925 in extension.

Alternative scenario: Above 0.939 look for further upside with 0.9425 0.946 as targets.

Comment: As long as 0.939 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.946

0.9425

0.939

0.9334 Last

0.929

0.925

0.922

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