AUD/USD Under Pressure

Pivot (invalidation): 0.7120

Our preference Short positions below 0.7120 with targets at 0.7090 & 0.7075 in extension.

Alternative scenario Above 0.7120 look for further upside with 0.7135 & 0.7150 as targets.

Comment A break below 0.7090 would trigger a drop towards 0.7075.

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Swissquote Bank SAhttp://en.swissquote.com/fx
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