Tanalys

AUD/USD intraday: key ST resistance at 0.968.

Pivot: 0.968

Our preference: Short positions below 0.968 with targets @ 0.96 0.955 in extension.

Alternative scenario: Above 0.968 look for further upside with 0.973 0.976 as targets.

Comment: the RSI is capped by a declining trend line thus the upward potential is likely to be limited by the resistance at 0.968.

Key levels

0.976

0.973

0.968

0.96479 last

0.96

0.955

0.951

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