Tanalys

AUD/USD intraday: key ST resistance at 0.895.

Pivot: 0.895

Our preference: Short positions below 0.895 with targets @ 0.8875 0.883 in extension.

Alternative scenario: Above 0.895 look for further upside with 0.901 0.904 as targets.

Comment: as long as 0.895 is resistance, look for choppy price action with a bearish bias.

Key levels

0.904

0.901

0.895

0.89149 last

0.8875

0.883

0.88

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