AUD/USD Under Pressure

Pivot (invalidation): 0.7265

Our preference Short positions below 0.7265 with targets at 0.7220 & 0.7200 in extension.

Alternative scenario Above 0.7265 look for further upside with 0.7280 & 0.7300 as targets.

Comment As Long as 0.7265 is resistance, look for choppy price action with a bearish bias.

Swissquote Bank SA
Swissquote Bank SA
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