Contributors Technical Analysis AUD/USD The Downside Prevails

AUD/USD The Downside Prevails

Pivot (invalidation): 0.7190

Our preference Short positions below 0.7190 with targets at 0.7145 & 0.7130 in extension.

Alternative scenario Above 0.7190 look for further upside with 0.7210 & 0.7225 as targets.

Comment The RSI advocates for further decline.

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