Contributors Technical Analysis AUD/USD Intraday Support Around 0.7000

AUD/USD Intraday Support Around 0.7000

Pivot (invalidation): 0.7000

Our preference Long positions above 0.7000 with targets at 0.7030 & 0.7045 in extension.

Alternative scenario Below 0.7000 look for further downside with 0.6990 & 0.6980 as targets.

Comment A support base at 0.7000 has formed and has allowed for a temporary stabilisation.

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