Contributors Technical Analysis AUD/USD Towards 0.7430

AUD/USD Towards 0.7430

Pivot (invalidation): 0.7400

Our preference Long positions above 0.7400 with targets at 0.7430 & 0.7445 in extension.

Alternative scenario Below 0.7400 look for further downside with 0.7385 & 0.7370 as targets.

Comment The RSI is supported by a rising trend line.

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