Tanalys

AUD/USD intraday: key ST resistance at 1.02.

Pivot: 1.02

Our preference: Short positions below 1.02 with targets @ 1.0125 1.011 in extension.

Alternative scenario: Above 1.02 look for further upside with 1.023 1.025 as targets.

Comment: as long as 1.02 is resistance, expect a return to 1.0125.

Key levels

1.025

1.023

1.02

1.01797 last

1.0125

1.011

1.009

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