Contributors Technical Analysis AUD/USD The Downside Prevails

AUD/USD The Downside Prevails

Pivot (invalidation): 0.6980

Our preference Short positions below 0.6980 with targets at 0.6955 & 0.6940 in extension.

Alternative scenario Above 0.6980 look for further upside with 0.6995 & 0.7005 as targets.

Comment The RSI advocates for further decline.

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