Tanalys

AUD/USD MT: bullish bias above 0.92.

Pivot: 0.92

Our preference: Long positions above 0.92 with targets @ 0.954 0.9715 in extension.

Alternative scenario: Below 0.92 look for further downside with 0.9085 0.89 as targets.

Comment: The RSI lacks downward momentum. The pair has validated a bullish flag calling for a new up leg.

Supports and resistances:

0.997

0.9715

0.954

0.9452 Last

0.92

0.9085

0.89

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