Contributors Technical Analysis AUD/USD Under Pressure

AUD/USD Under Pressure

Pivot (invalidation): 0.7205

Our preference Short positions below 0.7205 with targets at 0.7175 & 0.7160 in extension.

Alternative scenario Above 0.7205 look for further upside with 0.7220 & 0.7235 as targets.

Comment As Long as the resistance at 0.7205 is not surpassed, the risk of the break below 0.7175 remains high.

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