Tanalys

AUD/USD intraday: key ST resistance at 1.026.

Pivot: 1.026

Our preference: Short positions below 1.026 with targets @ 1.0195 1.0165 in extension.

Alternative scenario: Above 1.026 look for further upside with 1.0285 1.03 as targets.

Comment: as long as 1.026 is resistance, look for choppy price action with a bearish bias.

Key levels

1.03

1.0285

1.026

1.02575 last

1.0195

1.0165

1.0135

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