Tanalys

AUD/USD MT: the downside prevails.

Pivot: 1.0150

Our Preference: SHORT position below 1.038 with 0.985 0.958 in sight.

Alternative Scenario: Above 1.038 look for further upside to 1.062.

Comment: the RSI broke below a bullish trend line.

Trend: ST Ltd Upside; MT Range, we have been bearish since 10 MAY 2013 (0.9975).

Key levels Comment

1.1080*** Horizontal resistance

1.0850*** Horizontal resistance

1.0620*** Horizontal resistance

1.0193 Last

1.0150*** MT pivot point

0.9995** Horizontal support

0.9835*** Horizontal support

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