Contributors Technical Analysis AUD/USD Under Pressure

AUD/USD Under Pressure

Pivot (invalidation): 0.6200

Our preference Short positions below 0.6200 with targets at 0.6110 & 0.6055 in extension.

Alternative scenario Above 0.6200 look for further upside with 0.6250 & 0.6300 as targets.

Comment The RSI shows downside momentum.

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