Tanalys

AUD/USD intraday: key ST resistance at 0.931.

Pivot: 0.931

Our preference: Short positions below 0.931 with targets @ 0.9125 0.905 in extension.

Alternative scenario: Above 0.931 look for further upside with 0.938 0.9435 as targets.

Comment: as long as 0.931 is resistance, look for choppy price action with a bearish bias.

Key levels

0.9435

0.938

0.931

0.9237 last

0.9125

0.905

0.9

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