HomeContributorsTechnical AnalysisAUD/USD 0.6965 Expected

AUD/USD 0.6965 Expected

Pivot (invalidation): 0.6905

Our preference Long positions above 0.6905 with targets at 0.6940 & 0.6965 in extension.

Alternative scenario Below 0.6905 look for further downside with 0.6890 & 0.6865 as targets.

Comment A support base at 0.6905 has formed and has allowed for a temporary stabilisation.

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