AUD/USD Turning Down

Pivot (invalidation): 0.6790

Our preference Short positions below 0.6790 with targets at 0.6765 & 0.6750 in extension.

Alternative scenario Above 0.6790 look for further upside with 0.6800 & 0.6810 as targets.

Comment The immediate trend remains down and the momentum is strong. The pair is paring most of the gains made this morning.

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