Tanalys

AUD/USD intraday: key ST resistance at 0.8885.

Pivot: 0.8885

Our preference: Short positions below 0.8885 with targets @ 0.882 0.878 in extension.

Alternative scenario: Above 0.8885 look for further upside with 0.8925 0.897 as targets.

Comment: as long as 0.8885 is resistance, look for choppy price action with a bearish bias.

Key levels

0.897

0.8925

0.8885

0.8859 last

0.882

0.878

0.871

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