HomeContributorsTechnical AnalysisAUD/USD Bullish Bias Above 0.7255

AUD/USD Bullish Bias Above 0.7255

Pivot (invalidation): 0.7255

Our preference Long positions above 0.7255 with targets at 0.7280 & 0.7300 in extension.

Alternative scenario Below 0.7255 look for further downside with 0.7235 & 0.7220 as targets.

Comment A support base at 0.7255 has formed and has allowed for a temporary stabilisation.

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