Contributors Technical Analysis AUD/USD Further Upside

AUD/USD Further Upside

Pivot (invalidation): 0.6725

Our preference Long positions above 0.6725 with targets at 0.6765 & 0.6775 in extension.

Alternative scenario Below 0.6725 look for further downside with 0.6710 & 0.6695 as targets.

Comment The RSI is bullish and calls for further upside. The pair is striking against the upper Bollinger band calling for acceleration to the upside.

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