Tanalys

AUD/USD intraday: key ST resistance at 0.929.

Pivot: 0.929

Our preference: Short positions below 0.929 with targets @ 0.919 0.9145 in extension.

Alternative scenario: Above 0.929 look for further upside with 0.9345 0.938 as targets.

Comment: as long as 0.929 is resistance, look for choppy price action with a bearish bias.

Key levels

0.938

0.9345

0.929

0.9253 last

0.919

0.9145

0.91

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